315:
1452:
623:
537:
506:
discount to its equity value, which suggests that there is a value until most of these questions are asked about relating to corporation. This is due to the fact that the company has little brand value remaining, which reflected in its abnormally large SG&A expense and actually declined about 7 of the last 8 years as the business rationalizes operations globally.
278:
258:
238:
218:
195:
523:
45:
505:
In 2023, Fossil Group Inc.'s revenue have declined from $ 3.5bn in FY15 to $ 1.7bn in FY22, so that trajectory remains the same as the company continues to decline and tend to be almost loss-making on an operating basis, that is reflecting its complete lack of competitiveness. It is trading at a deep
449:
was a Swiss brand that had been operating since 1882 when Fossil acquired it from
Genender International in 2001 for $ 4.7 million. Fossil's desire to establish a Swiss presence led to the purchase of the Zodiac Watch brand and a complete retooling of that line to reflect a retro modern 1970s style
739:
Fossil Groups' e-commerce website, fossil.com, has a total of 364 stores as of the 2010 fiscal year review that cut across the world such as Fossil UK, Fossil USA, Fossil India, and even in Africa within nations like Fossil South Africa, and
979:"Canadian Trademarks Details: WATCH STATION INTERNATIONAL — 0879321 - Canadian Trademarks Database - Intellectual property and copyright - Canadian Intellectual Property Office - Innovation, Science and Economic Development Canada"
436:, specifically in importing moderately-priced fashion watches. Their main product was fashion watches with a retro look. In 1990, they introduced leather goods under the Fossil brand, and the Relic line of watches.
758:
In 2016, Fossil won
Fashion Tech Collection of the Year for their connected designer smartwatches and jewellery. Their analog smartwatches and connected jewellery span across their licensed brands such as
553:
to create the Starck with Fossil watch collection. The collection features ultra-modern designs and unique movements. Other licensed watch lines that Fossil designs, manufactures, and distributes include
1538:
1205:
457:
owned by
Financial Innovations Systems, LLC, in a lawsuit filed in the Northern District of Texas. The case was settled for an undisclosed amount and dismissed shortly thereafter.
1598:
1583:
614:. When referencing Fossil's watch lines, they are generally regarded as a "manufacturer"; Fossil also designs and manufactures their own movements under the Fossil Twist Line.
1608:
549:
Fossil has had financial success with its own brands and this success has led a number of deals for licensed watch lines. In 2001, Fossil collaborated with designer
1568:
486:
and some of its partners for approximately $ 225 million in cash and 150,000 Fossil shares. The total value paid by Fossil would be approximately $ 236.8 million.
752:
Fossil won awards for "Most
Effective Use of Online Creative" and "Best of Show" awards for the 6th Annual DFWIMA Excellence in Interactive Marketing (in 2006).
1578:
1573:
1563:
1543:
1075:
1603:
1548:
812:
1376:
454:
1593:
1106:
731:
in the United States to make the official watch collection for each team. Fossil also caters to special markets that seek to customize products.
1588:
1259:
932:"QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934: For the quarterly period ended: October 6, 2001"
1426:
450:
in a higher end watch. The 2004 purchase of
Michele Watch completed the cycle by offering a high-end Swiss watch with a designer flair.
1093:
210:
1553:
741:
852:
1220:
1395:
899:"Wrist-Top Revolution: How fashion watchmaker Fossil teamed up with Microsoft and Palm to change the face of wearable computing"
489:
In early 2013, Fossil introduced their upscale and more expensive "Fossil Swiss" line of watches which are made in
Switzerland.
1030:
432:. Kosta told his younger brother about the potential large profits that could be made in importing retail goods made in the
314:
1182:
978:
1558:
1131:
1157:
942:
666:
1374:"50 WEALTHIEST GREEKS IN AMERICA: 26 — KOSTA & TOM KARTSOTIS — $ 400 MILLION — WATCHES & LEATHER ACCESSORIES"
954:
1494:
796:
717:
1282:
931:
819:
575:
1373:
728:
662:
1046:
918:
440:
421:
397:
155:
1323:
1478:
694:
502:
In 2022, Fossil Group appointed Lisa Marie
Pillette as Senior Vice President and Chief Marketing Officer.
1533:
986:
1419:
1243:
1080:
1013:
755:
Fossil has also been voted one of the Top 100 Best
Companies to work for in the U.K in 2013 and 2015.
686:
386:
199:
1348:
479:
as well as manufacturing facilities in China and distribution centers in Dallas, Germany, and Asia.
1385:
709:
571:
496:
for $ 260 million, with plans to incorporate Misfit's technology into traditional-looking watches.
382:
1256:
1132:"FOSSIL GROUP, INC. ANNOUNCES THE APPOINTMENT OF LISA MARIE PILLETTE AS CHIEF MARKETING OFFICER"
342:
120:
903:
760:
705:
627:
493:
350:
270:
83:
622:
1399:
1380:
1286:
1263:
1224:
999:
642:
567:
550:
390:
898:
1451:
1217:
607:
563:
483:
446:
378:
366:
354:
346:
330:
55:
428:
from a suggestion by his older brother, Kosta
Kartsotis, a merchandising executive at
1527:
1392:
670:
658:
595:
509:
In
January 2024, the company announced that it would leave the smartwatch business.
429:
417:
338:
334:
319:
128:
73:
63:
1473:
1468:
1062:
768:
698:
654:
591:
465:
370:
362:
31:
878:
1229:
690:
638:
603:
579:
536:
1158:"Fossil Group: Decline Toward Zero In Real Time (NASDAQ:FOSL) | Seeking Alpha"
772:
678:
587:
583:
230:
1509:
1496:
721:
682:
599:
461:
17:
1463:
44:
646:
555:
499:
In 2021, the company cut their number of employees from 10,200 to 7,500.
433:
405:
151:
522:
1483:
1279:
713:
631:
182:
178:
174:
170:
166:
1411:
1299:
764:
674:
650:
611:
425:
69:
916:
Wood, Sean, "Watchmaker Plans IPO to Fund Acquisitions, Expansion",
476:
401:
313:
250:
124:
416:
Fossil was founded in 1984 as Overseas Products International by
559:
472:
374:
358:
1014:"Fossil watches empire grow: Popular company marks 20th year"
357:. Fossil also makes licensed accessories for brands such as
1445:
1289:, DFW Dallas-Fort Worth Interactive Marketing Association
1094:"Fossil acquires wearable maker Misfit for $ 260 million"
460:
The Watch Station International chain was purchased from
303:
1206:
FOSSIL Watches, Handbags, Wallets & Clothing: About
1418:
Meadus, Amanda, "Fossil Falters but Watches Tick On",
1409:
Barrett, William P., "Selling Nostalgia and Whimsy",
1349:"Wareable Tech Awards 2016: All the winners revealed"
1324:"Wareable Tech Awards 2016: All the winners revealed"
345:. Their brands include Fossil, Relic, Michele Watch,
1280:"Excellence in Interactive Marketing Awards (EIMA)"
298:
288:
268:
248:
228:
208:
189:
162:
144:
134:
116:
108:
89:
79:
61:
51:
1539:Watch manufacturing companies of the United States
27:American designer and manufacturer of accessories
1393:"Fossil – a Vintage Design that Brought Success"
1053:, Zacks Equity Research, Wed, January 11, 2012
1047:"Fossil to acquire accessory maker for $ 225M"
1031:"Fossil to acquire accessory maker for $ 225M"
720:worn like a watch. In 2006, Fossil released a
641:, some of which are based on popular films or
396:Kosta Kartsotis, brother of Tom Kartsotis and
8:
37:
1599:Manufacturing companies established in 1882
1584:Manufacturing companies established in 1984
1450:
1427:"Fossil, the Great American Watch Company"
43:
36:
847:
845:
843:
841:
839:
792:
790:
788:
482:In 2012, Fossil, Inc. agreed to purchase
453:In September 2007, Fossil was accused of
30:For the astronomical classification, see
1609:1984 establishments in the United States
621:
1065:, Fossil corporate blog, February 2013.
784:
1569:Clothing companies established in 1984
995:
984:
645:characters. Previous designs include:
400:, owns approximately 12.5% of Fossil
7:
1579:Design companies established in 1984
1574:Retail companies established in 1984
1564:Companies based in Richardson, Texas
1544:Clothing brands of the United States
1156:Research, Welbeck Ash (2023-05-04).
1604:Swiss companies established in 1882
1549:Eyewear brands of the United States
727:In 2006, Fossil teamed up with the
704:In 2003, the company released the "
637:In addition, the company produces
492:In November 2015, Fossil acquired
25:
1257:"Fossil Special Markets Division"
1183:"Fossil is quitting smartwatches"
1107:"What happened to Fossil watches"
1076:"Fossil Adds Swiss Men's Watches"
854:Fossil Group Financial Statements
32:Galaxy group § Fossil Groups
1459:Business data for Fossil Group:
1415:, November 8, 1993, p. 224.
1218:"Fossil To Sell Caller ID Watch"
860:, Fossil Group, 27 February 2020
535:
528:Original Fossil logo (1985–2015)
521:
408:the brothers gave their father.
277:
276:
257:
256:
237:
236:
217:
216:
194:
193:
1422:, December 11, 1995, p. 8.
1096:, The Verge, November 12, 2015.
943:"Docket: Defendant: Fossil Inc"
1594:Companies listed on the Nasdaq
542:Second Fossil logo (2015–2023)
1:
1181:Song, Victoria (2024-01-26).
630:released in 2003, which runs
471:Fossil has design studios in
1589:1984 establishments in Texas
1404:Watchalyzer Watches Magazine
1037:, Tuesday, January 10, 2012
813:"Fossil 2010 Annual Report"
95:; 40 years ago
1625:
1244:"Fossil to make NFL watch"
1063:"Introducing Fossil Swiss"
907:, Issue 11.04, April 2003.
404:. The company name is the
29:
922:, February 7, 1992, p. 3.
42:
1554:Fashion accessory brands
797:"Fossil Company History"
729:National Football League
663:Pirates of the Caribbean
475:, Switzerland, close to
422:Texas A&M University
1035:Dallas Business Journal
1018:The Dallas Morning News
919:Dallas Business Journal
879:"Fossil Group - Brands"
441:initial public offering
1425:Strandberg, Keith W.,
994:Cite journal requires
634:
323:
104:(as Overseas Products)
1074:Steigrad, Alexandra,
1029:Thompson, Steven R.,
625:
317:
1233:, September 28, 2006
687:Chronicles of Narnia
1559:High fashion brands
1510:32.9798°N 96.7025°W
1506: /
1389:, February 19, 2011
1386:The National Herald
710:wristwatch computer
572:Columbia Sportswear
455:infringing a patent
383:Kate Spade New York
337:founded in 1984 by
290:Number of employees
136:Number of locations
39:
1398:2020-06-29 at the
1379:2013-01-16 at the
1285:2007-01-01 at the
1262:2006-12-02 at the
1223:2009-04-14 at the
1084:, February 7, 2013
1081:Women's Wear Daily
635:
582:, Karl Lagerfeld,
468:in December 2007.
424:student living in
327:Fossil Group, Inc.
324:
38:Fossil Group, Inc.
1515:32.9798; -96.7025
1433:, 3 February 2005
1351:. 27 October 2016
1020:, January 8, 2005
513:Licensed business
343:Richardson, Texas
329:, is an American
312:
311:
242:US$ −52.3 million
222:US$ −28.3 million
150:Kosta Kartsotis (
16:(Redirected from
1616:
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1516:
1511:
1507:
1504:
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1454:
1449:
1448:
1446:Official website
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1162:seekingalpha.com
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1027:
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1012:Halkias, Maria,
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869:
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859:
849:
834:
833:
831:
830:
824:
818:. Archived from
817:
809:
803:
801:Funding Universe
794:
712:which is a tiny
706:Fossil Wrist PDA
628:Fossil Wrist PDA
618:Special products
539:
525:
331:fashion designer
308:
305:
294:7500 (2021)
283:
280:
279:
273:
263:
262:US$ 1.60 billion
260:
259:
253:
243:
240:
239:
223:
220:
219:
211:Operating income
203:
197:
196:
103:
101:
96:
47:
40:
21:
1624:
1623:
1619:
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1617:
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1508:
1505:
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1497:
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1493:
1492:
1488:
1444:
1443:
1440:
1400:Wayback Machine
1381:Wayback Machine
1370:
1368:Further reading
1365:
1364:
1354:
1352:
1347:
1346:
1342:
1333:
1331:
1322:
1321:
1317:
1308:
1306:
1300:"Accreditation"
1298:
1297:
1293:
1287:Wayback Machine
1278:
1274:
1264:Wayback Machine
1255:
1251:
1242:
1241:
1237:
1225:Wayback Machine
1216:Segan, Sascha,
1215:
1211:
1204:
1200:
1191:
1189:
1180:
1179:
1175:
1166:
1164:
1155:
1154:
1150:
1140:
1138:
1130:
1129:
1125:
1116:
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1100:
1092:
1088:
1073:
1069:
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1057:
1045:
1041:
1028:
1024:
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1007:
993:
983:
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926:
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883:
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863:
861:
857:
851:
850:
837:
828:
826:
822:
815:
811:
810:
806:
795:
786:
781:
750:
737:
620:
610:, Michele, and
568:Armani Exchange
551:Philippe Starck
547:
546:
545:
544:
543:
540:
531:
530:
529:
526:
515:
439:Fossil had its
414:
412:Company history
391:Armani Exchange
302:
291:
282:US$ 503 million
281:
269:
261:
249:
241:
233:
221:
213:
198:
147:
137:
99:
97:
94:
66:
35:
28:
23:
22:
15:
12:
11:
5:
1622:
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1487:
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1471:
1466:
1460:
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1455:
1439:
1438:External links
1436:
1435:
1434:
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1416:
1407:
1390:
1369:
1366:
1363:
1362:
1340:
1315:
1304:Best Companies
1291:
1272:
1249:
1235:
1209:
1198:
1173:
1148:
1136:Yahoo! Finance
1123:
1098:
1086:
1067:
1055:
1051:Yahoo! Finance
1039:
1022:
1005:
996:|journal=
970:
946:
935:
924:
909:
897:McHugh, Josh,
890:
870:
835:
804:
783:
782:
780:
777:
765:Emporio Armani
749:
746:
742:Fossil Nigeria
736:
733:
619:
616:
608:Skagen Designs
564:Emporio Armani
541:
534:
533:
532:
527:
520:
519:
518:
517:
516:
514:
511:
484:Skagen Designs
447:Zodiac Watches
413:
410:
367:Emporio Armani
355:Zodiac Watches
347:Skagen Denmark
322:, London, 2016
318:Fossil store,
310:
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26:
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3:
2:
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1276:
1273:
1269:
1265:
1261:
1258:
1253:
1250:
1246:. 2006-10-04.
1245:
1239:
1236:
1232:
1231:
1226:
1222:
1219:
1213:
1210:
1207:
1202:
1199:
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1102:
1099:
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1083:
1082:
1077:
1071:
1068:
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1052:
1048:
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1019:
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1001:
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974:
971:
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956:
950:
947:
944:
939:
936:
933:
928:
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921:
920:
913:
910:
906:
905:
900:
894:
891:
880:
874:
871:
856:
855:
848:
846:
844:
842:
840:
836:
825:on 2011-09-27
821:
814:
808:
805:
802:
798:
793:
791:
789:
785:
778:
776:
774:
770:
766:
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756:
753:
747:
745:
743:
734:
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723:
719:
715:
711:
707:
702:
700:
696:
692:
688:
684:
680:
676:
672:
671:Green Lantern
668:
664:
660:
659:Elvis Presley
656:
652:
648:
644:
640:
633:
629:
624:
617:
615:
613:
609:
605:
601:
597:
596:Callaway Golf
593:
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573:
569:
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538:
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510:
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469:
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458:
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448:
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437:
435:
431:
430:Sanger-Harris
427:
423:
419:
418:Tom Kartsotis
411:
409:
407:
403:
399:
394:
392:
389:, Chaps, and
388:
384:
380:
376:
372:
368:
364:
360:
356:
352:
348:
344:
341:and based in
340:
339:Tom Kartsotis
336:
332:
328:
321:
320:Oxford Street
316:
307:
301:
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287:
275:
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267:
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82:
78:
75:
71:
68:
65:
60:
57:
54:
50:
46:
41:
33:
19:
1534:Fossil Group
1491:
1430:
1410:
1403:
1384:
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251:Total assets
202:2.21 billion
117:Headquarters
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1479:SEC filings
1431:Europa Star
1355:October 12,
1230:PC Magazine
959:www.sec.gov
955:"Form 10-K"
864:28 February
643:pop culture
604:Marc Jacobs
580:Frank Gehry
420:, a former
353:, WSI, and
304:fossilgroup
1528:Categories
1501:96°42′09″W
1498:32°58′47″N
1334:2020-02-11
1309:2020-09-23
1192:2024-01-27
1167:2023-07-28
1117:2021-06-07
964:2020-09-23
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829:2011-07-18
779:References
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695:The Matrix
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588:Kate Spade
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