Fossil Group, Inc.

Fossil Group, Inc. is an American multinational fashion accessories company based in Richardson, Texas. Established in 1984 by Tom Kartsotis, the company creates and markets watches, jewelry, handbags, small leather goods, sunglasses, and belts. It offers products under its own proprietary brands such as FOSSIL, SKAGEN, MICHELE, RELIC, and ZODIAC, as well as under licensed brands such as ARMANI EXCHANGE, DIESEL, DKNY, EMPORIO ARMANI, KATE SPADE NEW YORK, MICHAEL KORS, PUMA, TORY BURCH, Skechers, and BMW. Fossil Group distributes its products worldwide, operating 370 stores in countries including the United States, Europe, and Asia.

Fossil Group’s products are primarily sold through company-owned retail and outlet stores as well as department stores, specialty retail stores, specialty watch and jewelry stores, mass market stores, and e-commerce sites. In addition, the company also sells its products on airlines and cruise ships. Fossil Group offers products for both men and women, and for all ages, with their products ranging from classic analog watches to advanced wearables.

Fossil Group is a leader in the fashion industry, winning multiple awards from the Accessories Council including the 2018 Brand of the Year award, and the 2018 Innovation award for their introduction of a new line of connected wearables. The company has further diversified its portfolio by investing in electric vehicle manufacturer Tesla and e-commerce marketplace Stitch Fix.

Fossil Group is committed to creating a positive impact in the communities in which it operates. Through its influence on the fashion industry, Fossil Group has used its platform to promote diversity and inclusivity. It has also partnered with various charitable organizations to enhance sustainability and support local education initiatives.