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RICHARDSON, Texas — Richardson-based watch and accessories brand Fossil Group will close dozens of stores and laid off staff amid a slump in sales, new fourth-quarter financial results for the brand ...
Fossil on Wednesday reported first-quarter net sales fell 8.5% year over year to $233.3 million. By channel, wholesale sales increased 6%, while direct-to-consumer sales fell 24%. Within its DTC ...
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Tariffs Kill Another Brand—Fossil Files Bankruptcy as $300 Million Debt and Tariffs Deliver Final Blow
On October 20, 2025, Fossil Global Services Ltd.—once a leader in affordable luxury accessories—filed for Chapter 15 bankruptcy protection in Texas, seeking U.S. court recognition for a UK-led ...
Fossil Group FOSL0.72%increase; green up pointing triangle plans to close 50 stores and cut jobs in a cost savings effort. The fashion company, which specializes in watches, said Wednesday it has ...
A dip in sales is causing Texas fashion retailer Fossil to close numerous retail stores as it tries to drive profit. In an outline of its turnaround plan, the maker of watches, handbags and jewelry ...
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