The NPD Group Acquires LGI Network
The NPD Group, a leading market research company, announced that it has acquired LGI Network, which provides retail point-of-sale information on fine watches and branded jewelry. NPD tracks sales of fashion watches and other accessories through its consumer and retail tracking services. Together, the two companies' sales information will provide the industry's first holistic view of the watch and jewelry marketplace. LGI collects information from a panel of retailers including leading specialty stores and independents, complementing NPD's panel of department stores.LGI will continue to operate independently for the first two years. Fred Levin, President LGI Network, will report to Rupert Walters, Group President for Entertainment & Communications, Beauty, Fashion & Sports at The NPD Group. With the acquisition of LGI Network, NPD gains strategic coverage of a key market segment and is well positioned to continue to build our business, said Walters. LGI's people, products, and

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