Following Tom Becker’s departure in April, Josh Sparks has been tapped as the new president and chief executive officer of Thom Browne. Sparks aims to lower Browne’s entry-level price points by 20-30% in order to make the label more accessible to the consumer and expand its presence in stores from the current total of 45 to hopefully 150 to 200 over the next three years. With new investments from Japan-based manufacturer and retailer, Cross Company, this plan is possible. (WWD)
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