Fossil Group, Inc. (NASDAQ: FOSL) is a global design, marketing and distribution company specializing in lifestyle accessories. The company’s core business activities include the development and sale of a broad portfolio of products such as traditional and smart watches, wearable technology, jewelry, handbags, small leather goods and accessories. In addition to its eponymous Fossil brand, the company holds licensing agreements to design, develop and distribute products under well-known names including Michael Kors, Kate Spade New York, DKNY, Diesel, Armani Exchange and Tory Burch.
Founded in 1984 by brothers Tom and Kosta Kartsotis, Fossil Group has grown from its Texas roots into a multi-brand organization with operations spanning North America, Europe and Asia. Drawing on its vertically integrated business model, the company controls key elements of the product lifecycle—from creative concept and product development to manufacturing, global distribution and marketing. Over the years, Fossil has built a network of retail locations, e-commerce sites and wholesale channels, serving both traditional retailers and digital consumers around the world.
In recent years, Fossil Group has invested heavily in connected technologies and digital capabilities to meld fashion with wearable innovation. The company’s hybrid smartwatches and touchscreen wearable devices incorporate software platforms and mobile applications, providing consumers with health and fitness tracking, notification alerts and customizable watch faces. This strategic pivot toward technology-enabled products reflects its efforts to diversify beyond traditional timepieces and capture market share in the expanding wearables category.
Fossil Group’s senior leadership team, led by Executive Chairman Kosta Kartsotis and supported by experienced executives in design, marketing, operations and technology, continues to focus on brand building, supply chain efficiency and product innovation. With a heritage rooted in craftsmanship and a forward-looking approach to digital lifestyle accessories, the company aims to maintain its position as a leader in the global fashion and wearables markets.
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