Fossil Group Inc - Company Profile
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Fossil Group Inc (Fossil) designs, develops, produces, markets and distributes watches and other lifestyle products. The company’s product portfolio includes watches, jewelry, handbags, small leather goods, sunglasses and belts. It also sells various licensed brands products such as Emporio Armani, Diesel and Michael Kors. Fossil markets products under Zodiac, Michele, Misfit, Relic, Fossil, Kate Spade New York, Michael Kors, Tory Burch and Skagen brand names. The company markets and distributes products globally through department stores, specialty watch and jewelry stores, mass market stores and company-owned retail and outlet stores and promotes them through retail stores, e-commerce portals. Fossil is headquartered in Richardson, Texas, the US.
Headquarters
United States of America
Address
901 S Central Expressway, Richardson, Texas, 75080
Website
www.fossilgroup.com
Telephone
1 972 2342525
No of Employees
6,100
Industry
Consumer Packaged Goods
Ticker Symbol & Exchange
FOSL (NASD)
Revenue (2022)
$1.4B
-16.1%
(2022 vs 2021)
EPS
XYZ
Net Income (2022)
XYZ
-255.7%
(2022 vs 2021)
Market Cap*
$40.9M
Net Profit Margin (2022)
XYZ
-324.4%
(2022 vs 2021)
* As of and is in US$
Fossil Group Inc premium industry data and analytics
Products and Services
| Products | Brands |
|---|---|
| Watches | Fossil |
| Smart Watches | Michele |
| Belts | Relic |
| XYZ | XYZ |
| XYZ | XYZ |
| XYZ | XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2023 | New Products/Services | In May, the company launched new pride collection, in celebration of pride month. |
| 2023 | Contracts/Agreements | In April, the company partnered with La La Land Kind Cafe to launch feel-good, special-edition jewelry collection |
| 2023 | New Products/Services | In February, the company launched new collection of watches, wearables and fashion accessories for students. |
Competitor Comparison
| Key Parameters | Fossil Group Inc | LVMH Moet Hennessy Louis Vuitton SE | The Swatch Group Ltd | Guess Inc | Citizen Watch Co Ltd |
|---|---|---|---|---|---|
| Headquarters | United States of America | France | Switzerland | United States of America | Japan |
| City | Richardson | Paris | Biel/Bienne | Los Angeles | Nishitokyo-Shi |
| State/Province | Texas | Ile-de-France | - | California | Tokyo |
| No. of Employees | 6,100 | 192,287 | 33,602 | 12,500 | 12,256 |
| Entity Type | Public | Public | Public | Public | Public |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Kevin Mansell | Chairman | Executive Board | 2019 | 71 |
| Jeffrey N. Boyer | Director; Interim Chief Executive Officer | Executive Board | 2021 | 65 |
| Sunil M. Doshi | Executive Vice President; Treasurer; Chief Financial Officer | Senior Management | 2022 | 52 |
| Melissa Lowenkron | Chief Brand Officer | Senior Management | - | 49 |
| Darren E. Hart | Executive Vice President - Human Resources; Chief Human Resources Officer | Senior Management | 2011 | 61 |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
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