Fossil Group
Fossil Group, Inc.
Overview
Fossil Group, Inc., established in 1984, is a global designer, marketer, and distributor of consumer fashion accessories. The company's headquarters are located in Richardson, Texas, USA.
Brands and Products
The company boasts a diverse portfolio of owned and licensed brands, including FOSSIL, SKAGEN, MICHELE, RELIC, ZODIAC, and others. Their product range spans across traditional watches, smartwatches, jewelry, handbags, small leather goods, belts, and sunglasses.
Global Presence
Fossil Group's products are marketed globally through a variety of channels, including company-owned retail stores, e-commerce sites, department stores, and specialty retail stores.
Financial Highlights
As of 2019, Fossil Group reported revenue of $2.21 billion, with total assets valued at $1.60 billion and total equity of $503 million.
Governance
The company's governance structure is underscored by a QualityScore of 3 from Institutional Shareholder Services (ISS), indicating a moderate level of governance risk.
Historical Milestones
- 1984: Founded as Overseas Products International.
- 1990: Introduced leather goods under the Fossil brand.
- 1993: Went public with an initial public offering.
- 2001: Acquired the Swiss brand Zodiac Watches.
- 2013: Changed its name from Fossil, Inc. to Fossil Group, Inc.
For more detailed information, you can visit their official website or consult financial databases for the latest data and insights.
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