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Fossil Group : ウィキペディア英語版
Fossil Group
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Fossil Group, Inc. is an American designer and manufacturer of clothing and accessories, primarily watches and jewelry, but also sunglasses, wallets, handbags, belts, shoes and clothing, based in Richardson, Texas, United States. Their brands include Fossil, Relic, Abacus, Michele Watch & Now Coach NY, Skagen,〔Thompson, Steven R., ("Fossil to acquire accessory maker for $225M" ), ''Dallas Business Journal'', Tuesday, January 10, 2012〕 and Zodiac Watches.
Fossil also makes watches for brands such as Adidas, Emporio Armani, Karl Lagerfeld, Michael Kors, Marc by Marc Jacobs, Burberry, DKNY, Diesel and Armani Exchange.
CEO Kosta Kartsotis own approximately 12% of Fossil stock. The company name represents the nickname the brothers had for their father.〔McHugh, Josh, ("Wrist-Top Revolution: How fashion watchmaker Fossil teamed up with Microsoft and Palm to change the face of wearable computing" ), ''Wired'', Issue 11.04, April 2003〕
==Company history==
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.
Fossil had an IPO in 1993.〔〔Wood, Sean, "Watchmaker Plans IPO to Fund Acquisitions, Expansion", ''Dallas Business Journal'', February 7, 1992, p. 3.〕
Zodiac was a Swiss brand that had been operating since 1882 when Fossil acquired it from Genender International in 2001 for $4.7 million.〔("QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 : For the quarterly period ended: October 6, 2001" )〕 Fossil's desire to establish a Swiss presence led to the purchase of the Zodiac Watch brand and a complete retooling of that line to reflect a retro modern 1970s style in a higher end watch. The 2004 purchase of Michele Watch completed the cycle by offering a high-end Swiss watch with a designer flair.
In September 2007, Fossil was accused of infringing a patent owned by Financial Innovations Systems, LLC, in a lawsuit filed in the Northern District of Texas. The case was settled for an undisclosed amount and dismissed shortly thereafter.〔("Docket: Defendant: Fossil Inc" )〕

The Watch Station International chain was purchased from Luxottica / Sunglass Hut in December 2007.〔 http://www.ic.gc.ca/app/opic-cipo/trdmrks/srch/vwTrdmrk.do;jsessionid=0001svBozC48VoFgqklv-VQJduw:-1080N6R?lang=eng&fileNumber=879321 https://www.fossilgroup.com/careers/our-story/〕
Fossil has manufacturing facilities in China and Switzerland and distribution centers in Dallas, Germany, and Asia.〔Halkias, Maria, ("Fossil watches empire grow: Popular company marks 20th year" ), ''The Dallas Morning News'', January 8, 2005〕
In 2012 Fossil, Inc. agreed to purchase Skagen Designs, Ltd. and some of its partners for approximately $225 million in cash and 150,000 Fossil shares. The total value paid by Fossil would be approximately $236.8 million.〔〔("Fossil to acquire accessory maker for $225M" ), ''Yahoo! Finance'', Zacks Equity Research, Wed, January 11, 2012〕
In early 2013, Fossil introduced their upscale and more expensive "Fossil Swiss" line of watches which are made in Switzerland.〔("Introducing Fossil Swiss" ), Fossil corporate blog, February 2013.〕〔Steigrad, Alexandra, ("Fossil Adds Swiss Men's Watches" ), ''Women's Wear Daily'', February 7, 2013〕
Fossil has began to scale back their sales of clothing products.

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