Fossil Group, Inc. (NASDAQ:FOSL) was founded in 1984, formerly known as Fossil, Inc., changed its current name in May 2013, and is headquartered in Texas, USA Richardson, with 14,500 full-time employees, together with its subsidiaries, is engaged in the design, marketing and sales of consumer fashion accessories, including: fashion watches, leather products, ties, handbags, sunglasses, jewelry, clothing, etc.
Fossil Group (FOSL):
Fossil Group (Fossil Group, Inc.) is an American clothing brand that also sells watches and jewelry and other jewelry. The company’s name comes from the nickname of the founder Kosta brothers to his father. In addition to the Fossil brand, its brands include MICHELE, RELIC, SKAGEN, ZODIAC, and authorized operating brands, including: ADIDAS , ARMANI EXCHANGE, BURBERRY, DIESEL, DKNY, EMPORIO ARMANI, KARL LAGERFELD, KATE SPADE NEW YORK, MARC BY MARC JACOBS, MICHAEL KORS , TORY BURCH, etc.
Fossil Group, Inc. is engaged in the design, marketing and sales of fashion accessories. Its products include men’s and women’s fashion watches, jewellery, handbags, small leather goods, belts, sunglasses, shoes, etc., with sales channels all over All over the world, sales are mainly through retail stores, commercial websites and other channels. Fossil Group is divided into 4 parts to operate:
- North America Wholesale: Wholesale to wholesalers or distributors in Canada, Mexico, the United States and other South American countries;
- Europe Wholesale (European wholesale): The sales scope includes European countries, the Middle East and Africa;
- Asia Pacific Wholesale (Asia Pacific Wholesale): Sales in China, Australia, New Zealand, Japan, India, Indonesia, Malaysia, Singapore, South Korea, Thailand, etc.;
- Direct to Consumer (direct sales): Including the company’s own retail stores, e-commerce sales and catalog sales.
As of December 31, 2016, Fossil Group owned and operated 94 retail stores and 129 outlet stores in the United States, and operated 230 retail stores and 132 outlet stores internationally.
On November 13, 2015, Fossil Group (Fossil Group) wholly acquired Misfit Wearables, a wearable smart hardware startup company, for US$260 million.