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

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