Fossil Inc.
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| Traded as |
NASDAQ: FOSL S&P 400 Component |
| Industry | Recreational Goods |
| Founded | 1984 |
| Founder | Tom Kartsotis |
| Headquarters | Richardson, Texas, United States |
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Number of locations
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364 |
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Key people
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Tom Kartsotis, Chairman Kosta N. Kartsotis, CEO Michael Barnes , COO Dennis R. Secor , CFO |
| Products | Watches, Wallets, Designer Jewelry, Designer Fragrance (Men's & Women's 1984), Women's Handbags, Various Leather Products: Computer Bags, Backpacks, Belts, and much more! |
| Revenue |
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| Total assets |
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| Total equity |
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Number of employees
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10,500 (2010) |
| Website | www |
US$ 3,259.971 million (2013) 
US$ 1,075.367 million (2013) Fossil Group, Inc. is an American fashion designer and manufacturer founded in 1984 by Tom Kartsotis and based in Richardson, Texas. Their brands include Fossil, Relic, Abacus, Michele Watch & Now Coach NY, Skagen Denmark and Zodiac Watches. Fossil also makes licensed accessories for brands such as Adidas, Emporio Armani, Karl Lagerfeld, Michael Kors, Marc by Marc Jacobs, Burberry, DKNY, Diesel and Armani Exchange.
CEO Kosta Kartsotis owns approximately 12% of Fossil . The company name represents the nickname the brothers had for their father.
Fossil was founded in 1984 as Overseas Products International by Tom Kartsotis, a former Texas A&M University student living in Dallas from a suggestion by his older brother, Kosta Kartsotis, a merchandising executive at Sanger-Harris. Kosta told his younger brother about the potential large profits that could be made in importing retail goods made in the Far East, specifically in importing moderately-priced fashion watches. Their main product was fashion watches with a retro look. In 1990, they introduced leather goods under the Fossil brand, and the Relic line of watches.
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Wikipedia