Fossil Group news and archive

Fossil Group signs licensing deal with Citizen to launch smartwatches

Fossil Group is teaming up with Japanese watchmaker Citizen to launch a line of hybrid smartwatches -- watches that look analog but actually include a number of digital functionalities. According to the licensing deal, Citizen will manufacture and sell hybrid smartwatches featuring Fossil Group’s technology. The two companies will also work...

Business

Fossil Group inks licensing agreement with BMW for watches

Fossil Group, Inc. has announced signing of a global licensing agreement with Bayerische Motoren Werke Aktiengesellschaft (BMW) for the design, development and distribution of BMW branded watches and smart-watches through 2023. “BMW is one of the most iconic brands in the world,” said Kosta Kartsotis, Chairman and CEO of Fossil Group in a...

Business

Fossil Group to make watches and smartwatches for BMW

Fossil Group Inc. has signed a global licensing agreement with car manufacturer BMW for the design, development and distribution of watches and smartwatches carrying the BMW brand. “BMW is one of the most iconic brands in the world”, said Kosta Kartsotis, Chairman and Chief Executive Officer of the Fossil Group, in a statement. “We look forward...

Business

Fossil Group posts Q3 net loss of 5.4 mn dollars

Fossil Group has reported net loss for the third quarter of fiscal 2017 of 5.4 million dollars compared to net income of 17.4 million dollars for the same quarter of fiscal 2016. Diluted loss per share was 0.11 dollar compared to earnings of 0.36 dollar for the third quarter of fiscal 2016. Commenting on the third quarter results, Kosta...

BusinessFeatured

Fossil Group ramps up smartwatch offering for 2018

London - Fossil Group is ramping up its current wearable offering, as the company is set to expand its smartwatch collection in 2018. The group will add 9 news brands to its smartwatch lineup of Google Android Wear. The expansion builds on Fossil Group current offering of smartwatch options for five brands, which includes Diesel, Emporio Armani,...

Fashion Featured

Fossil Group to launch wearables for eight brands in 40 countries

London - Fossil Group, the watch, jewellery and accessories manufacturer for brands including Michael Kors and Kate Spade, is set to launch wearables for eight brands in 40 countries this year. The announcement was made during Baselworld with Fossil confirming that it will launch 100 wearable products in 2016 for eight brands - Chaps, Diesel,...