Fossil also slashed jobs in its corporate workforce and transitioned select international markets to a distributor model.

Fossil Group plans to close 50 stores and cut jobs in a cost savings effort.The fashion company, which specializes in watches ...

Fossil CEO Franco Fogliato, who stepped into the position last year, is cutting costs and putting a bigger focus on the ...

The Richardson-based watch and accessories brand is closing stores and laid off staff as part of new cost-cutting measures.

Fossil Group shares soared nearly 35% Thursday, a day after the watch and handbag retailer announced a turnaround plan ...

The watch and accessories company is the latest to shore up its wholesale channel and pull back on direct-to-consumer sales.

the transition of select international markets to a distributor model and the closure of approximately 50 FOSSIL retail stores. In parallel with its turnaround plan, the Company is concluding its ...

and the closing of approximately 50 Fossil retail stores. We also expected to divest certain non-core assets and will seek to identify additional cost reduction opportunities which may generate ...

Fossil Group FOSL3.82%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 ...