First quarter worldwide net sales decreased to $255 million, down 22% on a reported basis and 21% in constant currency, reflecting five points of impact related to the Company’s strategic actions to ...

Fossil is officially getting out of the smartwatch business. Following months of speculation about the future of its Wear OS smartwatch lineup, which hasn’t seen a new model since 2021’s Gen 6, the ...

Shares of the Fossil Group soared nearly 35% Thursday, a day after the company announced a turnaround plan. The watch and handbag retailer said it will cut jobs and close roughly 50 stores over the ...

The Company introduced a business turnaround plan consisting of three primary pillars: (i) refocusing on our core through key initiatives, including launching a new FOSSIL brand platform, leveraging ...

Fossil Group is showing fresh signs of a turnaround under a new CEO. The Richardson-based company known for its watches revealed that sales, while declining, should improve over previous expectations.

Fossil Group, the iconic American watch and accessories maker headquartered in Richardson, Texas, has filed for Chapter 11 bankruptcy protection. The company cites over $300 million in debt and the ...

Miller Value Partners, an investment management company, released its “Deep Value Strategy” first-quarter 2024 investor letter. A copy of the letter can be downloaded here. Equity markets continued to ...

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 ...

RICHARDSON, Texas (AP) — RICHARDSON, Texas (AP) — Fossil Group Inc. (FOSL) on Wednesday reported a loss of $2.3 million in its second quarter. On a per-share basis, the Richardson, Texas-based company ...

“In my first sixty days at Fossil Group, I’ve been spending time with our brands, teams and partners around the world to immerse myself in the business,” said Franco Fogliato, Chief Executive Officer.