Branded merchandise company New Wave Group has appointed Randy Royce as its new chief buying officer.

Royce, who currently works as manager for New Wave Group's buying office in Bangladesh, replaces Joakim Holmberg who is leaving his position.

Royce has previously worked at Cutter & Buckin the USA as production manager, and before that was brand & merchandising manager at Nordstroms in the US, the company said.

New Wave creates, acquires and develops branded merchandise for the corporate profiling and consumer markets, mainly within clothing, accessories and gifts.