Fossil Group
Fossil Group, Inc. is an American company that specializes in designing, marketing, and distributing consumer fashion accessories. Founded in 1984 and headquartered in Richardson, Texas, the company offers a diverse range of products, including traditional watches, smartwatches, jewelry, handbags, small leather goods, belts, and sunglasses. Fossil Group operates under several proprietary brands, such as Fossil, Skagen, Michele, and Misfit, as well as licensed brands like Armani Exchange, Diesel, and Michael Kors. The company's products are sold through various channels, including company-owned retail and outlet stores, department stores, specialty retailers, e-commerce platforms, and international retail concessions. With a strong global presence, Fossil Group operates over 400 retail locations and 4,000 wholesale accounts worldwide, employing approximately 13,000 people. The company has consistently focused on vintage-inspired designs and continues to expand its multi-brand portfolio, reinforcing its position in the global marketplace.
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2 past transactions
Misfit Wearables
Acquisition in 2015
Misfit Wearables, founded in 2011 and headquartered in Burlingame, California, specializes in creating innovative wearable devices aimed at enhancing consumer health and fitness. The company focuses on developing products that encourage users to adopt active lifestyles and cultivate healthy habits. One of its flagship offerings is the Shine, a sleek personal activity tracker that effortlessly syncs with smartphones. As a pioneer in the wearable sensor technology sector, Misfit is dedicated to producing stylish and functional devices that people will want to wear consistently.
Skagen Designs
Acquisition in 2012
Skagen Designs is an international company offering contemporary Danish design accessories including watches, jewelry, sunglasses and clocks. In addition to its corporate headquarters in Reno, Nevada, Skagen Designs and its international affiliates operate regional offices in Denmark, Hong Kong, Germany, the U.K. and Canada.
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