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
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
RICHARDSON, Texas, Oct. 24, 2024 (GLOBE NEWSWIRE) -- Fossil Group, Inc. (NASDAQ:FOSL) announced today that it will report third quarter 2024 financial results after market close on Thursday, November 7, 2024, 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, sma
RICHARDSON, Texas, Oct. 15, 2024 (GLOBE NEWSWIRE) -- Fossil Group, Inc. (NASDAQ:FOSL) (the "Company") today announced that it is granting an equity award as a material inducement to the employment of the Company's newly-hired Chief Executive Officer, Franco Fogliato. In connection with the appointment of Mr. Fogliato as Chief Executive Officer effective September 18, 2024, the Company is granting Fogliato an employment inducement award consisting of 1,500,000 time-based restricted stock units ("RSUs") with an effective grant date of October 15, 2024 (the "Grant Date"). The RSUs will vest 50% on the first anniversary of the Grant Date and 50% on the second anniversary of the Grant Date, s
RICHARDSON, Texas, Sept. 04, 2024 (GLOBE NEWSWIRE) -- Fossil Group, Inc. (NASDAQ:FOSL) ("Fossil" or the "Company") today announced the appointment of Franco Fogliato as Chief Executive Officer and a member of the Board of Directors. He succeeds Jeffrey Boyer, Fossil's Interim CEO, who will resume his previous role as Chief Operating Officer and step down from the Board of Directors, all effective September 18, 2024. "The Board of Directors is thrilled to welcome Franco to the Fossil team," said Kevin Mansell, Chairman of the Board. "Franco brings over 25 years of consumer industry expertise, along with focus, leadership acumen, and disruptive vision, to this role. We are extremely confide
Continued Operational and Financial Progress under TAG Plan Maintains Full Year 2024 Outlook RICHARDSON, Texas, Aug. 08, 2024 (GLOBE NEWSWIRE) -- Fossil Group, Inc. (NASDAQ:FOSL) today announced financial results for the fiscal second quarter ended June 29, 2024. Second Quarter Summary Second quarter worldwide net sales decreased to $260 million, down 19% on a reported basis and 18% in constant currency, which includes five 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 390 basis points to 52.6%, primarily reflecting progress under the Company's Transform and Grow ("TAG"
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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, Oct. 24, 2024 (GLOBE NEWSWIRE) -- Fossil Group, Inc. (NASDAQ:FOSL) announced today that it will report third quarter 2024 financial results after market close on Thursday, November 7, 2024, 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, sma
RICHARDSON, Texas, July 25, 2024 (GLOBE NEWSWIRE) -- Fossil Group, Inc. (NASDAQ:FOSL) announced today that it will report second quarter 2024 financial results after market close on Thursday, August 8, 2024, 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, smal
RICHARDSON, Texas, April 24, 2024 (GLOBE NEWSWIRE) -- Fossil Group, Inc. (NASDAQ:FOSL) announced today that it will report first quarter 2024 financial results after market close on Wednesday, May 8, 2024, 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, March 06, 2024 (GLOBE NEWSWIRE) -- Fossil Group, Inc. (NASDAQ:FOSL) announced today that it will report financial results for the fourth quarter and full year 2023 after market close on Wednesday, March 13, 2024, 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 trad
RICHARDSON, Texas, Oct. 27, 2023 (GLOBE NEWSWIRE) -- Fossil Group, Inc. (NASDAQ:FOSL) announced today that it will report financial results for the third quarter 2023 after market close on Wednesday, November 8, 2023, 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 traditional watches, s
RICHARDSON, Texas, July 26, 2023 (GLOBE NEWSWIRE) -- Fossil Group, Inc. (NASDAQ:FOSL) announced today that it will report financial results for the second quarter 2023 after market close on Wednesday, August 9, 2023, 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 traditional watches, sm
RICHARDSON, Texas, April 26, 2023 (GLOBE NEWSWIRE) -- Fossil Group, Inc. (NASDAQ:FOSL) announced today that it will report financial results for the first quarter 2023 after market close on Wednesday, May 10, 2023, 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. The Company also announced that members of Fossil Group's management will be participating in the Wolfe Research Virtual Global Consumer Conference on Thursday, May 11, 2023. About Fossil Group, Inc. Fossil Group, Inc. is a global design, marketing, di
RICHARDSON, Texas, Feb. 22, 2023 (GLOBE NEWSWIRE) -- Fossil Group, Inc. (NASDAQ:FOSL) announced today that it will report financial results for the fourth quarter and full year 2022 after market close on Wednesday, March 8, 2023, 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 tradit
RICHARDSON, Texas, Oct. 26, 2022 (GLOBE NEWSWIRE) -- Fossil Group, Inc. (NASDAQ:FOSL) announced today that it will report financial results for the third quarter 2022 after market close on Wednesday, November 9, 2022, 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 traditional watche
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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
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
RICHARDSON, Texas, Oct. 15, 2024 (GLOBE NEWSWIRE) -- Fossil Group, Inc. (NASDAQ:FOSL) (the "Company") today announced that it is granting an equity award as a material inducement to the employment of the Company's newly-hired Chief Executive Officer, Franco Fogliato. In connection with the appointment of Mr. Fogliato as Chief Executive Officer effective September 18, 2024, the Company is granting Fogliato an employment inducement award consisting of 1,500,000 time-based restricted stock units ("RSUs") with an effective grant date of October 15, 2024 (the "Grant Date"). The RSUs will vest 50% on the first anniversary of the Grant Date and 50% on the second anniversary of the Grant Date, s
RICHARDSON, Texas, Sept. 04, 2024 (GLOBE NEWSWIRE) -- Fossil Group, Inc. (NASDAQ:FOSL) ("Fossil" or the "Company") today announced the appointment of Franco Fogliato as Chief Executive Officer and a member of the Board of Directors. He succeeds Jeffrey Boyer, Fossil's Interim CEO, who will resume his previous role as Chief Operating Officer and step down from the Board of Directors, all effective September 18, 2024. "The Board of Directors is thrilled to welcome Franco to the Fossil team," said Kevin Mansell, Chairman of the Board. "Franco brings over 25 years of consumer industry expertise, along with focus, leadership acumen, and disruptive vision, to this role. We are extremely confide
Caesars Entertainment, Inc. (NASDAQ:CZR) today announced the appointment of Kim Harris Jones to its Board of Directors, effective April 29, 2024, subject to required regulatory approvals and pending licensure. With a track record of strategic corporate leadership as both an executive and a board member, Harris Jones will bring a unique perspective and in-depth experience to the Caesars Entertainment Board of Directors. "Kim Harris Jones is a tremendous addition to the Caesars Entertainment leadership team," said Gary Carano, Executive Chairman of the Board, Caesars Entertainment. "With her extensive experience in finance and a reputation as a thoughtful and engaged leader inside some of t
RICHARDSON, Texas, March 25, 2024 (GLOBE NEWSWIRE) -- Fossil Group, Inc. (("Fossil" or the "Company", NASDAQ:FOSL) today announced that Eugene I. Davis has been appointed to the Board of Directors (the "Board"), effective March 24, 2024. Mr. Davis will serve as a member of the Board's Audit Committee. The Company also announced that it has entered into a Cooperation Agreement with shareholder The Buxton Helmsley Group, Inc. ("BHG"). Pursuant to the Cooperation Agreement, the Company will welcome BHG nominee Pamela B. Corrie to the Board, effective March 24, 2024. Ms. Corrie will serve as a member of the Board's Nominating and Corporate Governance Committee. The Company's complete Cooperat
RICHARDSON, Texas, Dec. 6, 2022 /PRNewswire/ -- Fossil Group, Inc. (NASDAQ:FOSL) (the "Company" or "Fossil Group") today announced the addition of respected beauty and fashion executive Suzanne (Susie) Coulter to the Company's Board of Directors, effective immediately. The appointment expands the size of the Board of Directors to eight members, including seven independent directors. Ms. Coulter brings almost 25 years of leadership within the retail, beauty and fashion industries to Fossil Group. She is the Founder and Chief Executive Officer of Arq Botanics, a personal care co
RICHARDSON, Texas, Sept. 12, 2022 /PRNewswire/ -- Fossil Group, Inc. (NASDAQ:FOSL) (the "Company" or "Fossil"), a global design, marketing, distribution, and innovation company, today announced that Lisa Marie Pillette has joined the Company as Senior Vice President and Chief Marketing Officer. Lisa brings extensive marketing and brand expertise to Fossil from Lacoste, Ralph Lauren, and Levi Strauss. She most recently served as Chief Marketing Officer for direct-to-consumer brand Casper. Her successful relaunch of the Casper brand earned her acclaim as a 2021 Brand Innovators
Appointments of Rachel Bishop, Jeffrey Boyer and Chip Molloy Enhance Board's Expertise in Retail Operations, Strategy and Finance Sally Beauty Holdings, Inc. (NYSE:SBH) today announced the appointment of Rachel R. Bishop, Ph.D., President, Hefty Tableware at Reynolds Consumer Products; Jeffrey Boyer, Chief Operating Officer of Fossil Group; and Lawrence "Chip" Molloy, Chief Financial Officer of Sprouts Farmers Market, to its Board of Directors, effective immediately. With these appointments, Sally Beauty Holdings' Board is now 46% women and 8% racially/ethnically diverse, and 69% have joined within the last five years. "On behalf of my fellow directors, we are very pleased to welcome Rach