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...

Report

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...

Fashion

Kate Spade unveils debut touchscreen smartwatch

London - Kate Spade New York has unveiled its new line of smartwatches, which mark the launch of its first touchscreen smartwatch, as the US-fashion brand expands its wearables range. The new smartwatch collection, created in collaboration with Fossil Group, was revealed at CES, the world's largest technology trade fair, currently taking place...

ManagementFeatured

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

Fossil Group to double wearables in 2017

London - Fossil Group, which includes its namesake Fossil brand, Armani Exchange, Skagen and Mifit, has announced that it is doubling its wearables in 2017 to more than 300 products. In an announcement at the Consumer Electronics Show (CES) in Las Vegas, Fossil stated that they will be adding new brands, new designs and smaller hybrid...

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,...

Fashion Featured

Fossil Group gears up to launch over 100 wearables in 2016

London - Fossil Group, which owns brands such as Fossil, Skagen and holds the likes of Micheal Kors, Marc Jacobs and Kate Spade in its portofolio, aims to dominate the wearable market this year with the launch of over 100 connected devices in 2016. The timepiece company, which announced its intentions at the 2016 Consumer Electronics Show (CES)...

Business

Fossil Group acquires Misfit in push for connected wearables

US watchmaking group Fossil is acquiring the wearable tech firm Misfit for 260 million dollars as it ramps up efforts for connected watches and other gadgets. The deal announced late Thursday gives Fossil, which sells in some 150 countries, a tech platform created by former Microsoft researcher Sonny Vu and onetime Apple chief executive John...