FOSL Stock - Fossil Inc.

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Fossil Group, Inc., along with its subsidiaries, engages in the design, development, marketing, and global distribution of fashionable consumer accessories across multiple continents. The company's extensive product portfolio encompasses a wide array of offerings including traditional timepieces, smartwatches, jewelry, handbags, small leather goods, belts, and sunglasses. In addition to its own proprietary brands such as FOSSIL, SKAGEN, MICHELE, RELIC, and ZODIAC, Fossil Group also manages licensed brands such as ARMANI EXCHANGE, DIESEL, DKNY, EMPORIO ARMANI, KATE SPADE NEW YORK, MICHAEL KORS, PUMA, TORY BURCH, Skechers, and BMW.

Fossil Group operates through various retail channels, including company-owned stores, outlet locations, department stores, specialty retail outlets, and dedicated watch and jewelry stores. The company also maintains a significant online presence through e-commerce platforms. Furthermore, it extends its reach through licensed and franchised FOSSIL retail establishments, as well as concessions within retail environments such as airlines and cruise ships.

Founded in 1984 and originally known as Fossil, Inc., the company underwent a rebranding to Fossil Group, Inc. in 2013. Headquartered in Richardson, Texas, Fossil Group operates a global network with 370 stores worldwide as of January 2022. The company's strategic focus on blending innovation with timeless design has solidified its position as a leader in the competitive consumer fashion accessories market, catering to a diverse global clientele seeking both style and functionality in their everyday accessories.

Fossil Group's commitment to enhancing its product offerings and expanding its retail footprint underscores its dedication to meeting evolving consumer preferences across different regions. With a strong heritage of craftsmanship and a robust distribution network, Fossil Group continues to leverage its brand equity to drive growth and maintain a prominent presence in the global retail landscape.

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