Fossil to close dozens of stores as part of turnaround plan
Fossil also slashed jobs in its corporate workforce and transitioned select international markets to a distributor model.
Richardson-based Fossil’s CEO closing stores, cutting staff as sales fall
Fossil CEO Franco Fogliato, who stepped into the position last year, is cutting costs and putting a bigger focus on the ...
Another struggling mall retail chain closing more stores
Most of us would agree that it's a trying time to be in retail right now. On the consumer side of the equation, the rising ...
Fossil to Close Stores, Cut Jobs in Effort to Trim Costs
The fashion company, which specializes in watches, said it has begun a turnaround plan to focus on its core Fossil brand ...
Fossil Group Stock Surges on Turnaround Plan With Layoffs, Store Closures
Fossil Group shares soared nearly 35% Thursday, a day after the watch and handbag retailer announced a turnaround plan ...
Fossil leans on layoffs, more store closures to cut costs
The watch and accessories company is the latest to shore up its wholesale channel and pull back on direct-to-consumer sales.
Fossil closing stores, laid off staff amid slump in sales
The Richardson-based watch and accessories brand is closing stores and laid off staff as part of new cost-cutting measures.
Dallas Morning News3d
Richardson-based Fossil’s CEO closing stores, cutting staff as sales fall
In the announcement, the company also said it is continuing to work with its advisers and progressing on its previously announced strategic review of its business model and capital structure.
Investopedia9d
Fossil Group Stock Surges on Turnaround Plan With Layoffs, Store Closures
After the bell Wednesday, Fossil said it expects to save about $100 million in 2025 as it cuts an unspecified number of jobs, closes roughly 50 retail stores, and transitions "select international ...