BNET Industries

Fossil Inc.

(FOSL) is in the Retail Industry

Market Cap:$1.5B
Last Fiscal Year Sales:$1.5B
  • Public
  • US
Dow Jones Description

We are a global design, marketing and distribution company that specializes in consumer fashion accessories. Our principal offerings include an extensive line of mens and womens fashion watches and jewelry, handbags, small leather goods, belts, sunglasses, cold weather accessories, footwear and apparel. In the watch and jewelry product category, we have a diverse portfolio of globally recognized owned and licensed brand names under which our products are marketed. Our products are distributed globally through various distribution channels including wholesale, export and direct to the consumer at varying price points to service the needs of our customers, whether they are value-conscious or luxury oriented. Based on our extensive range of accessory products, brands, distribution channels and price points, we are able to target style-conscious consumers across a wide age spectrum on a global basis. Domestically, we sell our products through a diversified distribution network that includes department stores, specialty retail locations, specialty watch and jewelry stores, owned retail and factory outlet stores, mass market stores and through our FOSSIL ® catalog and website. Our wholesale customer base includes, among others, Neiman Marcus, Nordstrom, Macys, Dillards, JCPenney, Kohls, Sears, Wal-Mart and Target. ...

Chief Executive OfficerKosta Kartsotis
Number of Employees 7,355
Contact Information

2280 N Greenville Ave

Richardson, Texas 75082

www.fossil.com

(972) 234-2525

NAICS Code Clothing Accessories Stores: 44815

Recent Events

  • Fossil raises full-year outlook, beats first-quarter estimates

    5/13/09 - Financial Announcement - View Story

  • Fossil to cut jobs, salaries after earnings drop

    2/17/09 - Financial Announcement - View Story

News & Analysis

fossil inc. - All News and Analysis

Decision Makers

Name (plus bio) Position
Kosta Kartsotis Chief Executive Officer
Harold Brooks President, Fashion Watch Division
Jennifer Pritchard President, Retail Division
Michael W. Barnes Director and President and Chief Operating Officer
Stephen Bock President, Luxury Division
Mike Kovar CFO, Treasurer & Executive Vice President
Livio Galanti Executive Vice President
Tim Hale Senior Vice President
Christopher King Vice President, Audit
Dean Carter Vice President, HR
Randy Hyne General Counsel & Vice President
Rick Evans Vice President, Logistics
Michele Barouh Director, Creative

Board of Directors

Name (plus bio) Position
Kenneth W. Anderson Chairman
Alan J. Gold Board Director
Donald J. Stone Board Director
Elaine B. Agather Board of Directors
Elysia Holt Ragusa Board of Directors
Holt Elysia Board of Directors
Jal S. Shroff Board of Directors
James E. Skinner Board of Directors
James M. Zimmerman Board of Directors
Jeffrey N. Boyer Board of Directors
Michael Steinberg Board Director
Tom Kartsotis Board Chairman

Kosta N. Kartsotis has served as Chief Executive Officer since October 2000. Mr. Kartsotis also served as President of the Company from December 1991 to December 2006 and as Chief Operating Officer from December 1991 until October 2000. Mr. Kosta Kartsotis joined the Company in 1988. He has been a director of the Company since 1990.

Organization Position Status
Fossil Inc. Chief Executive Officer Current
Fossil Inc. President Current
Fossil Inc. Board of Directors Current
Organization Position Status
Fossil Inc. President, Fashion Watch Division Current
Organization Position Status
Fossil Inc. President, Retail Division Current
Arden B.Com President Former

Michael W. Barnes has served as President and Chief Operating Officer of the Company since January 1, 2007. Mr. Barnes served as President, International and Special Markets Division from October 2000 to December 2006. Mr. Barnes served as Executive Vice President from 1995 until October 2000 and has been a director of the Company since February 1993.

Organization Position Status
Fossil Inc. Director and President and Chief Operating Officer Current
Fossil Inc. Board of Directors Current
Organization Position Status
Fossil Inc. President, Luxury Division Current
Organization Position Status
Fossil Inc. CFO, Treasurer & Executive Vice President Current
Fossil Inc. Treasurer Current
Organization Position Status
Fossil Inc. Executive Vice President Current
Organization Position Status
Fossil Inc. Senior Vice President Current
Dallas Business Committee Arts Board of Directors Current
Ntbca Board of Directors Current
Fossil Inc. Director Current
Baylor University Bachelor's Degree In Communication Design Former
Organization Position Status
Fossil Inc. Vice President, Audit Current
Organization Position Status
Fossil Inc. Vice President, HR Current
Organization Position Status
Fossil Inc. General Counsel & Vice President Current
Organization Position Status
Fossil Inc. Vice President, Logistics Current
Organization Position Status
Fossil Inc. Director, Creative Current

Kenneth W. Anderson has been a director of the Company since April 1993. Mr. Anderson is currently the Chairman of the Company's Audit Committee and a member of the Company's Nominating and Corporate Governance Committee. Before his retirement, Mr. Anderson was a co-founder of Blockbuster Entertainment Corporation, a video rental company, and served as its President from 1985 until 1987. From 1987 to 1991, Mr. Anderson served in various positions with Amtech Corporation, a remote electronic identification technology company, which he co-founded, including the position of Chairman of its Executive Committee.

Organization Position Status
Fossil Inc. Chairman Current
Organization Position Status
Fossil Inc. Board Director Current
Organization Position Status
Fossil Inc. Board Director Current

Elaine Agather is Chairman of Chase - Dallas. She also serves as Texas Region Head & Managing Director of the JPMorgan Private Bank. A native of Sherman, Texas, Elaine graduated from the University of Oklahoma with a BA in History/Economics and an MBA from the University of Texas. She joined Chemical Bank of New York in 1979, working in London, San Francisco and New York until she relocated to Dallas in 1984. After the 1986 merger of Chemical and Texas Commerce Bank, Elaine was promoted to Chairman of Texas Commerce Bank in Fort Worth in 1992 and joined The Private Bank to manage Client Advisory Groups across the state in 1997. In 1999, she was elected Chairman and CEO of Dallas. Elaine is Chairman of the Dallas Citizens Council. She is also a member of The Dallas Center for the Performing Arts Board of Directors, the Episcopal School of Dallas Board of Directors and the Dallas After-School All-Stars Board of Directors. She is on the Advisory Council for the Annette Strauss Institute for Civic Participation. Is a member of Young President's Organization and Charter 100. She is on the Advisory Board of Directors for the National Cowgirl Museum and Hall of Fame, the Bass Performance Hall, Adea Solutions, Texas Ballet Theater and the Texas Stampede Rodeo. She is a member of the Development Board for the Gordie Foundation, the University of Texas and a member of the Executive Committee for the Southwestern Exposition and Livestock Show. She is also a member of the Ethics Advisory Board of the Maguire Center for Ethics and Public Responsibility. In 2002 Elaine was the recipient of the Maura Award Women Helping Women, the Kim Dawson Attitude Award (Attitudes & Attire) and The Family Place's Trailblazer Award. She was also the recipient of the 2001 Women of Excellence Award from Women's Enterprise Magazine. Elaine and her husband, Neils, have two daughters, Bradley, who is eighteen and Lorene, who is fifteen.

Organization Position Status
The Episcopal School Board of Directors Current
Fossil Inc. Board of Directors Current
The University of Texas Member Current
Young Presidents' Organization Member Current
Dallas Center Member Current
Southwestern Bell Chief Financial Officer Former
Bass Performance Hall Former
Adea Solutions, Inc. Chairman of Chase, Dallas Former
Texas Commerce Bank Chairman Former
On-Target Supplies & Logistics Board of Directors Former
The University of Texas Mba Former
The University of Oklahoma Ba In History, Economics Former
Organization Position Status
Fossil Inc. Board of Directors Current
Organization Position Status
Fossil Inc. Board of Directors Current
Organization Position Status
Fossil Inc. Board of Directors Current
Fossil Inc. Managing Director Current
Organization Position Status
The Neiman Marcus Group, Inc. Chief Financial Officer Current
Neiman Marcus Stores CFO Current
The Neiman Marcus Group, Inc. Senior Vice President Current
H.J. Heinz Company Board of Directors Current
Fossil Inc. Board of Directors Current
CompUSA Inc. Chief Financial Officer Former
CapRock Communications Inc. Chief Financial Officer Former
CompUSA Inc. Executive Vice President Former
CapRock Communications Inc. Senior Vice President Former
CompUSA Inc. Treasurer Former
Organization Position Status
Fossil Inc. Board of Directors Current
H.J. Heinz Company Board of Directors Current
The Chubb Corporation Board of Directors Current
Organization Position Status
Aaron Brothers, Inc. President and Chief Financial Officer Current
Fossil Inc. Board of Directors Current
Michaels Stores, Inc. President Former
Kmart Corporation Chief Financial Officer Former
Michaels Stores, Inc. Chief Financial Officer Former
Kmart Corporation Executive Vice President Former
Michaels Stores, Inc. Board of Directors Former
Organization Position Status
Fossil Inc. Board Director Current
Organization Position Status
Fossil Inc. Board Chairman Current

Executive News

  • Fossil raises full-year outlook, beats first-quarter estimates

    Dallas Morning News - 5/13/09 - View Story

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     FOSL $23.41 -1.28 (-5.18% )
Intraday | 3 Month | 6 Month | 1 Year
Average Volume 742,069
Shares Outstanding 66.62M
Market Cap 1.6B
Year High 32.96
Year Low 11
Earnings Per Share N/A
P/E Ratio -
Dividend N/A
Yield N/A
IndustryTop Rated

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