Fossil Group
The Fossil Group, founded in 1984 by Tom Kartsotis, has evolved from a fashion watch importer to one of the world's largest watch manufacturers and lifestyle brands. Initially focused on retro-styled watches, the company expanded significantly through both brand creation and licensing agreements to produce an impressive variety of designs including the Blue line of sports watches and the Big Tic digital watch. The company would expand in the 21st century by acquiring Zodiac (2001), Michele (2004), and Skagen (2012), which they now produce in addition to licensed timepieces for Michael Kors, Armani Exchange, DKNY, and Diesel. Fossil is known for operating a vertically integrated business model that includes in-house design, manufacturing, and distribution. They maintain manufacturing facilities in China and assembly operations in various locations worldwide, and in addition to watches, are known for leather goods, jewelry, and accessories.
Brands summary:
From
Armani Exchange
and
Diesel
to
DKNY
and
Kate Spade,
Fossil Group
produces fashionable timepieces that capture each brand's distinctive style. With
Michele,
Zodiac, and
Skagen, the group has diversified its offerings to include gem-set luxury pieces for women, minimalist unisex Scandinavian-designed watches, and vintage-style diver's watches respectively.
