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Fossil Group

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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.
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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
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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
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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
968:"Canadian Trademarks Details: WATCH STATION INTERNATIONAL — 0879321 - Canadian Trademarks Database - Intellectual property and copyright - Canadian Intellectual Property Office - Innovation, Science and Economic Development Canada" 425:, 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. 747:
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
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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
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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.
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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
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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.
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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).
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in the United States to make the official watch collection for each team. Fossil also caters to special markets that seek to customize products.
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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.
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In early 2013, Fossil introduced their upscale and more expensive "Fossil Swiss" line of watches which are made in Switzerland.
1019: 421:. Kosta told his younger brother about the potential large profits that could be made in importing retail goods made in the 303: 1171: 967: 1547: 1120: 1146: 931: 655: 1363:"50 WEALTHIEST GREEKS IN AMERICA: 26 — KOSTA & TOM KARTSOTIS — $ 400 MILLION — WATCHES & LEATHER ACCESSORIES" 943: 1483: 785: 706: 1271: 920: 808: 564: 1362: 717: 651: 1035: 907: 429: 410: 386: 144: 1312: 1467: 683: 491:
In 2022, Fossil Group appointed Lisa Marie Pillette as Senior Vice President and Chief Marketing Officer.
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Fossil has also been voted one of the Top 100 Best Companies to work for in the U.K in 2013 and 2015.
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as well as manufacturing facilities in China and distribution centers in Dallas, Germany, and Asia.
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for $ 260 million, with plans to incorporate Misfit's technology into traditional-looking watches.
371: 1245: 1121:"FOSSIL GROUP, INC. ANNOUNCES THE APPOINTMENT OF LISA MARIE PILLETTE AS CHIEF MARKETING OFFICER" 331: 109: 892: 749: 694: 616: 482: 339: 259: 72: 611: 1388: 1369: 1275: 1252: 1213: 988: 631: 556: 539: 379: 887: 1440: 1206: 596: 552: 472: 435: 367: 355: 343: 335: 319: 44: 417:
from a suggestion by his older brother, Kosta Kartsotis, a merchandising executive at
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In January 2024, the company announced that it would leave the smartwatch business.
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In 2021, the company cut their number of employees from 10,200 to 7,500.
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Wood, Sean, "Watchmaker Plans IPO to Fund Acquisitions, Expansion",
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Fossil was founded in 1984 as Overseas Products International by
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The Watch Station International chain was purchased from
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FOSSIL Watches, Handbags, Wallets & Clothing: About
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Meadus, Amanda, "Fossil Falters but Watches Tick On",
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Barrett, William P., "Selling Nostalgia and Whimsy",
1338:"Wareable Tech Awards 2016: All the winners revealed" 1313:"Wareable Tech Awards 2016: All the winners revealed" 334:. Their brands include Fossil, Relic, Michele Watch, 1269:"Excellence in Interactive Marketing Awards (EIMA)" 287: 277: 257: 237: 217: 197: 178: 151: 133: 123: 105: 97: 78: 68: 50: 40: 1528:Watch manufacturing companies of the United States 16:American designer and manufacturer of accessories 1382:"Fossil – a Vintage Design that Brought Success" 1042:, Zacks Equity Research, Wed, January 11, 2012 1036:"Fossil to acquire accessory maker for $ 225M" 1020:"Fossil to acquire accessory maker for $ 225M" 709:worn like a watch. In 2006, Fossil released a 630:, some of which are based on popular films or 385:Kosta Kartsotis, brother of Tom Kartsotis and 8: 26: 1588:Manufacturing companies established in 1882 1573:Manufacturing companies established in 1984 1439: 1416:"Fossil, the Great American Watch Company" 32: 25: 836: 834: 832: 830: 828: 781: 779: 777: 471:In 2012, Fossil, Inc. agreed to purchase 442:In September 2007, Fossil was accused of 19:For the astronomical classification, see 1598:1984 establishments in the United States 610: 1054:, Fossil corporate blog, February 2013. 773: 1558:Clothing companies established in 1984 984: 973: 634:characters. Previous designs include: 389:, owns approximately 12.5% of Fossil 7: 1568:Design companies established in 1984 1563:Retail companies established in 1984 1553:Companies based in Richardson, Texas 1533:Clothing brands of the United States 1145:Research, Welbeck Ash (2023-05-04). 1593:Swiss companies established in 1882 1538:Eyewear brands of the United States 716:In 2006, Fossil teamed up with the 693:In 2003, the company released the " 626:In addition, the company produces 481:In November 2015, Fossil acquired 14: 1246:"Fossil Special Markets Division" 1172:"Fossil is quitting smartwatches" 1096:"What happened to Fossil watches" 1065:"Fossil Adds Swiss Men's Watches" 843:Fossil Group Financial Statements 21:Galaxy group § Fossil Groups 1448:Business data for Fossil Group: 1404:, November 8, 1993, p. 224. 1207:"Fossil To Sell Caller ID Watch" 849:, Fossil Group, 27 February 2020 524: 517:Original Fossil logo (1985–2015) 510: 397:the brothers gave their father. 266: 265: 246: 245: 226: 225: 206: 205: 183: 182: 1411:, December 11, 1995, p. 8. 1085:, The Verge, November 12, 2015. 932:"Docket: Defendant: Fossil Inc" 1583:Companies listed on the Nasdaq 531:Second Fossil logo (2015–2023) 1: 1170:Song, Victoria (2024-01-26). 619:released in 2003, which runs 460:Fossil has design studios in 1578:1984 establishments in Texas 1393:Watchalyzer Watches Magazine 1026:, Tuesday, January 10, 2012 802:"Fossil 2010 Annual Report" 84:; 40 years ago 1614: 1233:"Fossil to make NFL watch" 1052:"Introducing Fossil Swiss" 896:, Issue 11.04, April 2003. 393:. The company name is the 18: 911:, February 7, 1992, p. 3. 31: 1543:Fashion accessory brands 786:"Fossil Company History" 718:National Football League 652:Pirates of the Caribbean 464:, Switzerland, close to 411:Texas A&M University 1024:Dallas Business Journal 1007:The Dallas Morning News 908:Dallas Business Journal 868:"Fossil Group - Brands" 430:initial public offering 1414:Strandberg, Keith W., 983:Cite journal requires 623: 312: 93:(as Overseas Products) 1063:Steigrad, Alexandra, 1018:Thompson, Steven R., 614: 306: 1222:, September 28, 2006 676:Chronicles of Narnia 1548:High fashion brands 1499:32.9798°N 96.7025°W 1495: /  1378:, February 19, 2011 1375:The National Herald 699:wristwatch computer 561:Columbia Sportswear 444:infringing a patent 372:Kate Spade New York 326:founded in 1984 by 279:Number of employees 125:Number of locations 28: 1387:2020-06-29 at the 1368:2013-01-16 at the 1274:2007-01-01 at the 1251:2006-12-02 at the 1212:2009-04-14 at the 1073:, February 7, 2013 1070:Women's Wear Daily 624: 571:, Karl Lagerfeld, 457:in December 2007. 413:student living in 316:Fossil Group, Inc. 313: 27:Fossil Group, Inc. 1504:32.9798; -96.7025 1422:, 3 February 2005 1340:. 27 October 2016 1009:, January 8, 2005 502:Licensed business 332:Richardson, Texas 318:, is an American 301: 300: 231:US$ −52.3 million 211:US$ −28.3 million 139:Kosta Kartsotis ( 1605: 1510: 1509: 1507: 1506: 1505: 1500: 1496: 1493: 1492: 1491: 1488: 1443: 1438: 1437: 1435:Official website 1350: 1349: 1347: 1345: 1334: 1328: 1327: 1325: 1324: 1309: 1303: 1302: 1300: 1299: 1285: 1279: 1266: 1260: 1243: 1237: 1236: 1229: 1223: 1203: 1197: 1192: 1186: 1185: 1183: 1182: 1167: 1161: 1160: 1158: 1157: 1151:seekingalpha.com 1142: 1136: 1135: 1133: 1131: 1117: 1111: 1110: 1108: 1107: 1092: 1086: 1080: 1074: 1061: 1055: 1049: 1043: 1033: 1027: 1016: 1010: 1001:Halkias, Maria, 999: 993: 992: 986: 981: 979: 971: 964: 958: 957: 955: 954: 940: 934: 929: 923: 918: 912: 903: 897: 884: 878: 877: 875: 874: 864: 858: 857: 856: 854: 848: 838: 823: 822: 820: 819: 813: 807:. Archived from 806: 798: 792: 790:Funding Universe 783: 701:which is a tiny 695:Fossil Wrist PDA 617:Fossil Wrist PDA 607:Special products 528: 514: 320:fashion designer 297: 294: 283:7500 (2021) 272: 269: 268: 262: 252: 251:US$ 1.60 billion 249: 248: 242: 232: 229: 228: 212: 209: 208: 200:Operating income 192: 186: 185: 92: 90: 85: 36: 29: 1613: 1612: 1608: 1607: 1606: 1604: 1603: 1602: 1513: 1512: 1503: 1501: 1497: 1494: 1489: 1486: 1484: 1482: 1481: 1477: 1433: 1432: 1429: 1389:Wayback Machine 1370:Wayback Machine 1359: 1357:Further reading 1354: 1353: 1343: 1341: 1336: 1335: 1331: 1322: 1320: 1311: 1310: 1306: 1297: 1295: 1289:"Accreditation" 1287: 1286: 1282: 1276:Wayback Machine 1267: 1263: 1253:Wayback Machine 1244: 1240: 1231: 1230: 1226: 1214:Wayback Machine 1205:Segan, Sascha, 1204: 1200: 1193: 1189: 1180: 1178: 1169: 1168: 1164: 1155: 1153: 1144: 1143: 1139: 1129: 1127: 1119: 1118: 1114: 1105: 1103: 1094: 1093: 1089: 1081: 1077: 1062: 1058: 1050: 1046: 1034: 1030: 1017: 1013: 1000: 996: 982: 972: 966: 965: 961: 952: 950: 942: 941: 937: 930: 926: 919: 915: 904: 900: 885: 881: 872: 870: 866: 865: 861: 852: 850: 846: 840: 839: 826: 817: 815: 811: 804: 800: 799: 795: 784: 775: 770: 739: 726: 609: 599:, Michele, and 557:Armani Exchange 540:Philippe Starck 536: 535: 534: 533: 532: 529: 520: 519: 518: 515: 504: 428:Fossil had its 403: 401:Company history 380:Armani Exchange 291: 280: 271:US$ 503 million 270: 258: 250: 238: 230: 222: 210: 202: 187: 136: 126: 88: 86: 83: 55: 24: 17: 12: 11: 5: 1611: 1609: 1601: 1600: 1595: 1590: 1585: 1580: 1575: 1570: 1565: 1560: 1555: 1550: 1545: 1540: 1535: 1530: 1525: 1515: 1514: 1479: 1478: 1476: 1475: 1470: 1465: 1460: 1455: 1449: 1446: 1444: 1428: 1427:External links 1425: 1424: 1423: 1412: 1405: 1396: 1379: 1358: 1355: 1352: 1351: 1329: 1304: 1293:Best Companies 1280: 1261: 1238: 1224: 1198: 1187: 1162: 1137: 1125:Yahoo! Finance 1112: 1087: 1075: 1056: 1044: 1040:Yahoo! Finance 1028: 1011: 994: 985:|journal= 959: 935: 924: 913: 898: 886:McHugh, Josh, 879: 859: 824: 793: 772: 771: 769: 766: 754:Emporio Armani 738: 735: 731:Fossil Nigeria 725: 722: 608: 605: 597:Skagen Designs 553:Emporio Armani 530: 523: 522: 521: 516: 509: 508: 507: 506: 505: 503: 500: 473:Skagen Designs 436:Zodiac Watches 402: 399: 356:Emporio Armani 344:Zodiac Watches 336:Skagen Denmark 311:, London, 2016 307:Fossil store, 299: 298: 289: 285: 284: 281: 278: 275: 274: 263: 255: 254: 243: 235: 234: 223: 218: 215: 214: 203: 198: 195: 194: 180: 176: 175: 153: 149: 148: 137: 134: 131: 130: 127: 124: 121: 120: 107: 103: 102: 99: 95: 94: 80: 76: 75: 70: 66: 65: 56: 51: 48: 47: 42: 38: 37: 15: 13: 10: 9: 6: 4: 3: 2: 1610: 1599: 1596: 1594: 1591: 1589: 1586: 1584: 1581: 1579: 1576: 1574: 1571: 1569: 1566: 1564: 1561: 1559: 1556: 1554: 1551: 1549: 1546: 1544: 1541: 1539: 1536: 1534: 1531: 1529: 1526: 1524: 1521: 1520: 1518: 1511: 1508: 1474: 1471: 1469: 1466: 1464: 1461: 1459: 1456: 1454: 1451: 1450: 1447: 1445: 1442: 1436: 1431: 1430: 1426: 1421: 1417: 1413: 1410: 1406: 1403: 1402: 1397: 1394: 1390: 1386: 1383: 1380: 1377: 1376: 1371: 1367: 1364: 1361: 1360: 1356: 1339: 1333: 1330: 1318: 1314: 1308: 1305: 1294: 1290: 1284: 1281: 1277: 1273: 1270: 1265: 1262: 1258: 1254: 1250: 1247: 1242: 1239: 1235:. 2006-10-04. 1234: 1228: 1225: 1221: 1220: 1215: 1211: 1208: 1202: 1199: 1196: 1191: 1188: 1177: 1173: 1166: 1163: 1152: 1148: 1141: 1138: 1126: 1122: 1116: 1113: 1101: 1097: 1091: 1088: 1084: 1079: 1076: 1072: 1071: 1066: 1060: 1057: 1053: 1048: 1045: 1041: 1037: 1032: 1029: 1025: 1021: 1015: 1012: 1008: 1004: 998: 995: 990: 977: 969: 963: 960: 949: 945: 939: 936: 933: 928: 925: 922: 917: 914: 910: 909: 902: 899: 895: 894: 889: 883: 880: 869: 863: 860: 845: 844: 837: 835: 833: 831: 829: 825: 814:on 2011-09-27 810: 803: 797: 794: 791: 787: 782: 780: 778: 774: 767: 765: 763: 759: 755: 751: 745: 742: 736: 734: 732: 723: 721: 719: 714: 712: 708: 704: 700: 696: 691: 689: 685: 681: 677: 673: 669: 665: 661: 660:Green Lantern 657: 653: 649: 648:Elvis Presley 645: 641: 637: 633: 629: 622: 618: 613: 606: 604: 602: 598: 594: 590: 586: 585:Callaway Golf 582: 578: 574: 570: 566: 562: 558: 554: 550: 546: 541: 527: 513: 501: 499: 496: 492: 489: 486: 484: 479: 476: 474: 469: 467: 463: 458: 456: 452: 447: 445: 440: 437: 433: 431: 426: 424: 420: 419:Sanger-Harris 416: 412: 408: 407:Tom Kartsotis 400: 398: 396: 392: 388: 383: 381: 378:, Chaps, and 377: 373: 369: 365: 361: 357: 353: 349: 345: 341: 337: 333: 330:and based in 329: 328:Tom Kartsotis 325: 321: 317: 310: 309:Oxford Street 305: 296: 290: 286: 282: 276: 264: 261: 256: 244: 241: 236: 224: 221: 216: 204: 201: 196: 190: 181: 177: 173: 169: 165: 161: 157: 154: 150: 146: 142: 138: 132: 128: 122: 119: 115: 111: 108: 104: 100: 96: 81: 77: 74: 71: 67: 64: 60: 57: 54: 49: 46: 43: 39: 35: 30: 22: 1523:Fossil Group 1480: 1419: 1399: 1392: 1373: 1342:. 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Retrieved 809:the original 796: 789: 758:Michael Kors 746: 743: 740: 727: 715: 692: 688:Harry Potter 644:Wonder Woman 628:collectibles 625: 581:Michael Kors 537: 497: 493: 490: 487: 480: 477: 470: 459: 455:Sunglass Hut 448: 441: 434: 427: 404: 384: 360:Michael Kors 324:manufacturer 315: 314: 260:Total equity 240:Total assets 191:2.21 billion 106:Headquarters 41:Company type 1502: / 1468:SEC filings 1420:Europa Star 1344:October 12, 1219:PC Magazine 948:www.sec.gov 944:"Form 10-K" 853:28 February 632:pop culture 593:Marc Jacobs 569:Frank Gehry 409:, a former 342:, WSI, and 293:fossilgroup 1517:Categories 1490:96°42′09″W 1487:32°58′47″N 1323:2020-02-11 1298:2020-09-23 1181:2024-01-27 1156:2023-07-28 1106:2021-06-07 953:2020-09-23 873:2017-10-12 818:2011-07-18 768:References 762:Kate Spade 684:The Matrix 591:, Marc by 577:Kate Spade 573:Tory Burch 376:Tory Burch 220:Net income 135:Key people 110:Richardson 1453:Bloomberg 1259:corporate 1176:The Verge 711:Caller ID 672:Star Wars 589:Davis Cup 451:Luxottica 432:in 1993. 53:Traded as 1385:Archived 1366:Archived 1317:Wareable 1272:Archived 1249:Archived 1210:Archived 724:Websites 636:Superman 545:Burberry 423:Far East 395:nickname 174:products 152:Products 141:chairman 69:Industry 1463:Reuters 1130:16 June 713:watch. 705:-based 703:Palm OS 668:Pokémon 621:Palm OS 288:Website 179:Revenue 172:Leather 168:Perfume 164:Jewelry 160:Wallets 156:Watches 98:Founder 87: ( 79:Founded 73:Fashion 61::  1473:Yahoo! 1458:Google 1401:Forbes 1257:Fossil 760:, and 750:Diesel 737:Awards 664:Snoopy 640:Batman 601:Adidas 565:Diesel 483:Misfit 415:Dallas 368:Diesel 340:Misfit 273:(2019) 253:(2019) 233:(2019) 213:(2019) 193:(2019) 143:& 59:Nasdaq 45:Public 893:Wired 847:(PDF) 812:(PDF) 805:(PDF) 656:Flash 466:Rolex 391:stock 114:Texas 1346:2017 1132:2023 1100:CNBC 989:help 855:2020 686:and 680:Cars 615:The 549:DKNY 462:Biel 364:DKNY 352:Puma 322:and 295:.com 189:US$ 118:U.S. 89:1984 82:1984 63:FOSL 1409:WWD 707:PDA 387:CEO 348:BMW 145:CEO 129:364 1519:: 1418:, 1391:, 1372:, 1315:. 1291:. 1255:, 1216:, 1174:. 1149:. 1123:. 1098:. 1067:, 1038:, 1022:, 1005:, 980:: 978:}} 974:{{ 946:. 890:, 827:^ 788:, 776:^ 764:. 756:, 752:, 733:. 697:" 690:. 682:; 678:; 674:; 670:; 666:, 662:; 658:; 654:; 650:; 646:; 642:; 638:; 595:, 587:, 583:, 579:, 575:, 567:, 563:, 559:, 555:, 551:, 547:, 382:. 374:, 370:, 366:, 362:, 358:, 354:, 350:, 338:, 170:, 166:, 162:, 158:, 116:, 112:, 1395:. 1348:. 1326:. 1301:. 1184:. 1159:. 1134:. 1109:. 991:) 987:( 970:. 956:. 876:. 821:. 453:/ 147:) 101:] 91:) 23:.

Index

Galaxy group § Fossil Groups

Public
Traded as
Nasdaq
FOSL
Fashion
Richardson
Texas
U.S.
chairman
CEO
Watches
Wallets
Jewelry
Perfume
Leather
US$
Operating income
Net income
Total assets
Total equity
fossilgroup.com

Oxford Street
fashion designer
manufacturer
Tom Kartsotis
Richardson, Texas
Skagen Denmark

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