Premium Skincare Brand Colorescience Names New CEO
Former Kiehl’s general manager John Reed will lead the label, which was acquired by Roundtable Healthcare Partners earlier this year.
Fossil
Latest News & Analysis
Technology
Google Spends $40 Million on Watch Tech to Fight Apple
The Alphabet Inc. unit agreed to acquire Fossil Group intellectual property in a bid to boost the search giant’s nascent efforts in the category.
Technology
Fossil Soars as Wearables, E-Commerce Fuels Sales
Sales of wearable devices nearly doubled last year to more than $300 million and now account for 14 percent of Fossil's watch revenue.
Technology
Bits & Bytes | Snap's Spectacles Designer, Fashion Steps Up to Smartwatches
This week, how Lauryn Morris fused fashion and tech to design Snapchat Spectacles, while Tag Heuer and Fossil go all-in on smartwatches.
News & Analysis
Fossil Tops Fourth Quarter Profit Forecasts
The watch and accessories maker posted revenue of $959.2 million in the period, which missed Street forecasts.
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Luxury
How Tom Kartsotis Is Banking on America
With Shinola, and now Filson, the founder of watchmaking behemoth Fossil wants to bring integrity to accessible luxury. But can he profit from good intentions?
Technology
The Misfit Ray Is a Well-Designed Wearable and a New Step for Fossil
New management isn't changing the wearable maker's philosophy.
Technology
Bits & Bytes | Fossil Acquires Misfit, Retail's Digital Evolution, Athos Funding
Bits and Bytes is a weekly roundup of the most important news in the fast evolving fashion-tech space.
Technology
Fossil to Buy Wearable Maker Misfit for $260 Million
Fossil agreed to acquire Misfit, a maker of wearable devices, for $260 million to shore up its technology as it pushes into smartwatches.
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Financial Markets
Fossil Group Tops 3Q Profit Forecasts
Fossil Group Inc. on Thursday reported third-quarter earnings of $57.5 million. The results surpassed Wall Street expectations.
Financial Markets
Fossil Group Beats 2Q Profit Forecasts
Fossil Group Inc. on Tuesday reported second-quarter net income of $54.6 million. The results surpassed Wall Street expectations.
Financial Markets
Fossil Shares Fall on Impact From Stronger Dollar
Shares of Fossil Group fell Wednesday following weak quarterly revenue results and a disappointing outlook as a stronger dollar continues to cut into company's financial results.
News & Analysis
For Fashion Brands, the Rise of the Wrist
For fashion brands, watches have emerged as a key vector of growth, often powered by licensing deals with Fossil Group, a watchmaking behemoth that designs, manufactures, distributes and markets million of watches per year.
The News in Brief
Proya Third-Quarter Revenue Grows, Profit Dented by Marketing Spend
The Chinese beauty conglomerate’s revenue grew 29.8 percent in the latest quarter, but its profit decreased by double digits due to increased promotional expenses as it expands overseas.
Michael Kors Owner Capri Soars After Raising Annual Forecasts
Shares jumped after the group raised its annual revenue and profit forecasts and said it expected sales to return to growth.
Puma Sales Slow Less Than Expected as Anta Partnership Advances
The German sportswear business is attempting to reboot its brand appeal to better compete with larger rivals Adidas and Nike.
Indian Fashion Retailer Trent Jumps as Quarterly Profits, Sales Rise
The Tata Group-owned business beat expectations, shoring up confidence in its fashion business after a period of sluggish performance.
Textured Haircare Brand The Mane Choice Names New CEO
Chasity Monroe has been appointed as the label’s chief executive as it undergoes a wider brand refresh.
APR Corp’s Quarterly Revenue Doubles on Skincare, Overseas Growth
The Korean firm and Medicube owner reported third quarter revenue growth of over 100 percent, mostly attributed to the expansion of its skincare range into new markets, channels and product categories.
Swan Beauty Names Chief Makeup Artist in Residence
Celebrity-makeup artist Ash K. Holm will join the “smart” mirror brand for a year-long partnership focusing on guidance and education.