Fossil Group news and archive

Fossil Group appoints interim CFO amid business review

Fossil Group has announced that its current chief financial officer, Sunil Doshi, will be stepping down from the helm position to be succeeded by Andrew Skobe, who is to take on the role in an interim capacity. Doshi, who is leaving the company “for another opportunity”, will remain with Fossil until July 19, 2024, to ensure a smooth transition,...

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Fossil Group appoints two new members to board

Fossil Group has announced two new independent director appointments to its board as part of an ongoing “refreshment and governance excellence” strategy. Eugene Davis, who will also serve as a member of the Audit Committee, has experiences on the boards of a number of firms in various industries and has managed, restructured and liquidated...

BusinessFeatured

Fossil Group CEO steps down as strategic review launches

The chief executive officer of Fossil Group, Kosta N. Kartsotis, has stepped down from his position alongside the launch of strategic review for the company after its net sales for the full financial year dropped by 16 percent. Stepping into Kartsotis’ place will be chief operating officer, Jeffrey N. Boyer, who has been appointed interim CEO,...

Fashion Featured

Watch brand Fossil rebrands to reach “next generation” of consumers

Watch and accessories brand and retailer Fossil is rebranding with a new brand identity that celebrates its nearly 40-year heritage as it looks to usher in a “new era” of the brand to connect with the next generation of consumers. The rebrand is a complete overhaul of Fossil’s branding across all touchpoints and aims to offer a modernised brand...

Business

Katchin marketplace for jewellery and watches expands in Europe

Katchin, the marketplace created specifically for jewellery and watches, is expanded into Germany and France after a successful launch in the UK in January. The marketplace, backed by the Fossil Group in partnership with technology company Mirakl, was launched to offer a new way to shop accessories by bringing together “the most sought-after...

Fashion |Jewellery Featured

Katchin the new marketplace for jewellery and watches launches

A new global marketplace created specifically for jewellery and watches, Katchin has launched in the UK, backed by the Fossil Group. Katchin aims to offer consumers a new way to shop for accessories, bringing together “the most sought-after names together in a one-stop-shop” alongside curated content and how-to-style guides. The platform, built...

People

Fossil Group taps new board member

Accessories group Fossil has appointed beauty and fashion executive Suzanne Coulter to its board of directors, effective immediately. Coulter is the founder and CEO of health and beauty products company Arq Botanics, and currently sits on the board of Abercrombie & Fitch Co, where she is chair of the company’s ESG committee. Earlier in her...

Business

Fossil Group appoints Lisa Marie Pillette as chief marketing officer

Fossil Group has announced that Lisa Marie Pillette has joined the company as senior vice president and chief marketing officer. Pillette brings with her extensive experience within marketing and brand, Fossil said in a release, coming to the company from D2C brand Casper, where she served in the same position. She has also previously held...

Business

Fossil Group publishes 2021 Corporate Sustainability Report

Fossil Group has published its 2021 Corporate Sustainability Report outlining the company’s commitments and progress on environmental, social and governance (ESG) initiatives. It comes as the group, which owns the likes of Relic, Misfit and Fossil, continues to broaden its corporate responsibility through its framework, Make Time for Good. As...

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Fossil Group appoints general manager of namesake brand

Fossil Group has appointed Neiman Marcus veteran Melissa Lowenkron as the senior vice president and general manager of its namesake Fossil brand. The group, which also owns brands Michele, Relic, Skagen, and Zodiac, said the newly created role will see Lowenkron take charge of brand strategy, product design and marketing. Lowenkron spent over 20...

People

Fossil Group appoints Holly Briedis as chief digital officer

Fossil Group is looking to enhance its transformation into a digital-first retailer and has appointed Holly Briedis as its new chief digital officer. Briedis joins the company’s executive leadership team as executive vice president, chief digital officer and will be responsible for leading Fossil Group’s digital initiatives. “The digital...

Business

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...