Fossil also slashed jobs in its corporate workforce and transitioned select international markets to a distributor model.
The Richardson-based watch and accessories brand is closing stores and laid off staff as part of new cost-cutting measures.
Fossil Group plans to close 50 stores and cut jobs in a cost savings effort.The fashion company, which specializes in watches ...
The watch and accessories company is the latest to shore up its wholesale channel and pull back on direct-to-consumer sales.
Despite a decline in net sales, Fossil Group Inc (FOSL) focuses on cost reduction, brand innovation, and strategic market ...