15 Biggest Watch Companies in the World

7. Fossil Group (NASDAQ:FOSL)

Fossil Group, Inc. is an American fashion designing and manufacturing company. Their brands include Fossil, Relic, BMW, Michele Watch, Skagen Denmark, Misfit, WSI, and Zodiac Watches. Fossil also makes licensed accessories for brands such as Puma, Emporio Armani, Michael Kors, DKNY, Diesel, Kate Spade New York, Tory Burch, Chaps, and Armani Exchange. It is founded in 1984 as Overseas Products International by Tom Kartsotis. The company is headquartered in Richardson, Texas, U.S. Zodiac Watches was a Swiss brand that had been operating since 1882 when Fossil acquired it from Genender International in 2001 for $4.7 million. The Watch Station International chain was purchased from Luxottica/Sunglass Hut in December 2007. In 2012 Fossil, Inc. agreed to purchase Skagen Designs, Ltd. for approximately $236.8 million, paid both in cash and Fossil shares. CEO and chairman of the company is Kosta Kartsotis. Fossil Group, Inc. employs 10200 people. The company has revenue of US$2.21 billion, operating income of US$−28.3 million, net income of US$−52.3 million, total assets of US$1.60 billion and total equity of US$503 million.

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