Article: Michael on time.(Michael Kors (USA) Inc. is launching watches for its better-priced Michael Michael Kors collection)

NEW YORK -- It's about time for Michael.

Michael Kors (USA) Inc. is launching watches for its better-priced Michael Michael Kors collection. The women's and men's watches are being designed, developed and distributed in a licensing deal with watch behemoth Fossil Inc.

"A timepiece is one of the most personal things a man or woman can wear," Kors said. "Our watches will be the perfect mix of form and function; with Fossil on board, I know they will execute my vision perfectly."

John D. Idol, chief executive officer at Michael Kors, added that he and Kors partners Lawrence Stroll and Silas Chou believe in building Kors into a lifestyle brand. ...

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