News has just broke that Apple have confirmed the hiring of Paul Deneve, the former CEO of Yves Saint Lurent, which if you don’t know is an online fashion company.

Confirmed in a statement to a number of US-based newspapers, Apple said that Paul would be heading up some “special projects” as part of his role, reporting directly to Tim Cook, the CEO of Apple.

As of yet there’s no official clues as to what these projects could  be, but a lot of sites are pointing towards the launch of the iWatch, which was reportedly patented by Apple earlier this week

However Deneve could have been brought in for many other tasks, and with Apple stating that he will be working on “projects” and not a project, it may mean there could be more than one product in the works.

Maybe even a redesigned Apple store?

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