Fossil Group, Inc., together with its subsidiaries, designs, develops, markets, and distributes consumer fashion accessories in the United States, Europe, Asia, and internationally. The company's products include traditional watches, smartwatches, jewelry, handbags, small leather goods, belts, and sunglasses. It also manufactures and distributes private label brands, as well as purchases and resells branded products in non-FOSSIL branded retail stores. The company offers its products under its proprietary brands, such as FOSSIL, SKAGEN, MICHELE, RELIC, and ZODIAC; and under the licensed brands, including ARMANI EXCHANGE, DIESEL, DKNY, EMPORIO ARMANI, KATE SPADE NEW YORK, MICHAEL KORS, PUMA, TORY BURCH, Skechers, and BMW. The company sells its products through company-owned retail and outlet stores, department stores, specialty retail stores, specialty watch and jewelry stores, mass market stores, e-commerce sites, licensed and franchised FOSSIL retail stores, and retail concessions, as well as sells its products on airlines and cruise ships. As of January 2, 2021, it operated 421 stores worldwide. The company was formerly known as Fossil, Inc. and changed its name to Fossil Group, Inc. in May 2013. Fossil Group, Inc. was founded in 1984 and is headquartered in Richardson, Texas.
IPO Year: 1993
Exchange: NASDAQ
Website: fossilgroup.com
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8-K - Fossil Group, Inc. (0000883569) (Filer)
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10-K - Fossil Group, Inc. (0000883569) (Filer)
8-K - Fossil Group, Inc. (0000883569) (Filer)
8-K - Fossil Group, Inc. (0000883569) (Filer)
10-Q - Fossil Group, Inc. (0000883569) (Filer)
8-K - Fossil Group, Inc. (0000883569) (Filer)
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4/A - Fossil Group, Inc. (0000883569) (Issuer)
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RICHARDSON, Texas, May 14, 2025 /PRNewswire/ -- Fossil Group, Inc. ("Fossil" or the "Company") (NASDAQ:FOSL) today announced the appointment of Pamela Edwards and Wendy Schoppert to its Board of Directors, effective May 16, 2025. Ms. Edwards and Ms. Schoppert bring decades of leadership and board experience across retail, finance, technology, and strategic transformation. Ms. Edwards and Ms. Schoppert will serve as members of the Audit Committee. The appointments expand the size of the Board of Directors to ten members, including nine independent directors. Kevin Mansell, Chai
RICHARDSON, Texas, May 14, 2025 (GLOBE NEWSWIRE) -- First quarter worldwide net sales totaled $233 million Gross margin expanded 890 basis points to 61.3% First quarter operating loss of $7 million; constant currency adjusted operating income of $10 million and constant currency adjusted operating margin of 4.3% Total liquidity of $100 million Reiterates full year 2025 guidance Fossil Group, Inc. (NASDAQ:FOSL) today announced financial results for the first quarter ended April 5, 2025. "We are pleased to deliver another quarter of progress under our turnaround plan," said Franco Fogliato, CEO. "We narrowed our sales declines, increased gross margin by 890 basis points and delivered a
RICHARDSON, Texas, April 30, 2025 (GLOBE NEWSWIRE) -- Fossil Group, Inc. (NASDAQ:FOSL) announced today that it will report first quarter 2025 financial results after market close on Wednesday, May 14, 2025, followed by a conference call to discuss the results at 5:00 p.m. ET the same day. The call can be accessed live on the Company's investor relations website at www.fossilgroup.com/investors and will also be archived for replay. About Fossil Group, Inc. Fossil Group, Inc. is a global design, marketing, distribution and innovation company specializing in lifestyle accessories. Under a diverse portfolio of owned and licensed brands, our offerings include watches, jewelry, handbags, small
RICHARDSON, Texas, April 15, 2025 (GLOBE NEWSWIRE) -- Fossil Group, Inc. (NASDAQ:FOSL) (the "Company") today announced that it is granting equity awards as a material inducement to the employment of the Company's newly-hired Chief Digital Information Officer and General Manager EMEA, Antonio Carriero; Chief Commercial Officer, Joe Martin; and Chief Financial Officer, Randy Greben. In connection with the appointments of Carriero effective February 12, 2025, Martin effective February 17, 2025, and Greben effective March 17, 2025, the Company is granting Carriero an employment inducement award consisting of 100,000 time-based restricted stock units ("RSUs"), Martin an employment inducement a
RICHARDSON, Texas, March 12, 2025 /PRNewswire/ -- Fossil Group, Inc. (NASDAQ:FOSL) ("Fossil" or the "Company") today announced the appointment of Randy Greben as Chief Financial Officer, effective March 17. He replaces Andrew Skobe, Interim Chief Financial Officer. The appointment reinforces Fossil Group's continued commitment to building its leadership team to drive long-term profitable growth. Greben will oversee Fossil Group's global financial strategy, focusing on leading the organization's financial turnaround and business transformation. With more than two decades of fi
Outlines Turnaround Plan and Long-Term Financial Targets Provides 2025 Financial Guidance RICHARDSON, Texas, March 12, 2025 (GLOBE NEWSWIRE) -- Fossil Group, Inc. (NASDAQ:FOSL) today announced financial results for the fourth quarter and fiscal year ended December 28, 2024. In a separate press release today, the Company also announced the appointment of Randy Greben as Chief Financial Officer, effective March 17, 2025. Fourth Quarter Summary Fourth quarter worldwide net sales were $342 million, down 19% on a reported basis and 18% in constant currency, with sales declines across all regions and all channels. The results included 600 basis points of negative impact related to the Comp
RICHARDSON, Texas, Feb. 26, 2025 (GLOBE NEWSWIRE) -- Fossil Group, Inc. (NASDAQ:FOSL) announced today that it will report fourth quarter and full year 2024 financial results after market close on Wednesday, March 12, 2025, followed by a conference call to discuss the results at 5:00 p.m. ET the same day. The call can be accessed live on the Company's investor relations website at www.fossilgroup.com/investors and will also be archived for replay. About Fossil Group, Inc. Fossil Group, Inc. is a global design, marketing, distribution and innovation company specializing in lifestyle accessories. Under a diverse portfolio of owned and licensed brands, our offerings include watches, jewelry,
RICHARDSON, Texas, Feb. 13, 2025 /PRNewswire/ -- Fossil Group, Inc., (NASDAQ:FOSL) ("Fossil" or the "Company") today announced longtime partner Michael Kors has extended their agreement to remain a Fossil Group licensed brand through 2027. As a result of the deal, Fossil Group will continue to deliver best-in-class design and innovation for Michael Kors watches and jewelry across an extensive global distribution network. "Our relationship with Michael Kors remains among our most valued licensed partnerships," says Franco Fogliato, CEO of Fossil Group. "We are honored to have b
Announces Joe Martin as Chief Commercial Officer and Antonio Carriero as Chief Digital Information Officer and General Manager of EMEA RICHARDSON, Texas, Feb. 6, 2025 /PRNewswire/ -- Fossil Group, Inc. (NASDAQ:FOSL) ("Fossil" or the "Company") today announced the appointment of Joe Martin as Chief Commercial Officer and Antonio Carriero as Chief Digital Information Officer and General Manager EMEA. These appointments underscore Fossil's commitment to driving a successful business turnaround, returning the Company to profitable growth, and creating long-term shareholder value. The appointments are effective February 12 for Carriero and February 17 for Martin, who both bring decades of consume
Remains On Track to Achieve at Least $100 Million of Annualized Savings in 2024 Under TAG Plan Updates Full Year Outlook RICHARDSON, Texas, Nov. 07, 2024 (GLOBE NEWSWIRE) -- Fossil Group, Inc. (NASDAQ:FOSL) today announced financial results for the fiscal third quarter ended September 28, 2024. Third Quarter Summary Third quarter worldwide net sales decreased to $288 million, down 16% on both a reported and constant currency basis. The results included six points of negative impact related to the Company's strategic actions to exit the smartwatch category and optimize its retail store portfolio. Gross margins expanded 240 basis points to 49.4%, primarily reflecting progres
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