Fossil, Inc. is a designer and manufacturer of clothing and accessories, primarily watches and jewelry, but also sunglasses, wallets, handbags, belts, shoes and clothing, based in Richardson, Texas, United States. Their brands include Fossil, Relic, Abacus, Burberry, Emporio Armani, Michele Watch, Karl Lagerfeld, and Zodiac Watches. Two brothers, Tom Kartsotis and Kosta Kartsotis, own approximately 30% of Fossil stock. The company name represents the nickname the brothers had for their father. Fossil was founded in 1984 as Overseas Products International by Tom Kartsotis, a former Texas... A&M University student living in Dallas from a suggestion by his older brother, Kosta Kartsotis, a merchandising executive at Sanger Harris. Kosta told his younger brother about the potential large profits that could be made in importing retail goods made in the Far East, specifically in importing moderately-priced fashion watches. Their main product was fashion watches with a retro look. In 1990, they introduced leather goods under the Fossil brand, and the Relic line of watches. Fossil had an IPO in 1993.
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| NASDAQ symbol: | FOSL |
| Founded: | 1954 |
| Headquarters: | United States of America |
| Annual revenue: | $1,583,240,000 |
| Net income: | $138,100,000 |
| Operating income: | $205,770,000 |
| Market cap: | $3,000,000,000 |
| Industries: | Clothing |