11 Facts About Fossil Inc

1.

Fossil Inc makes licensed accessories for brands such as BMW, Puma, Emporio Armani, Michael Kors, DKNY, Diesel, Kate Spade New York, Tory Burch, Chaps, and Armani Exchange.

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2.

Fossil Inc name is the nickname the brothers gave their father.

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3.

Zodiac Watches was a Swiss brand that had been operating since 1882 when Fossil acquired it from Genender International in 2001 for $4.

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4.

In September 2007, Fossil Inc was accused of infringing a patent owned by Financial Innovations Systems, LLC, in a lawsuit filed in the Northern District of Texas.

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5.

Fossil Inc has design studios in Biel, Switzerland, close to Rolex as well as manufacturing facilities in China and distribution centers in Dallas, Germany, and Asia.

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6.

In early 2013, Fossil Inc introduced their upscale and more expensive "Fossil Inc Swiss" line of watches which are made in Switzerland.

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7.

In November 2015, Fossil acquired Misfit for $260 million, with plans to incorporate Misfit's technology into traditional-looking watches.

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8.

Fossil Inc has had financial success with its own brands and this success has led a number of deals for licensed watch lines.

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9.

In 2001, Fossil Inc collaborated with designer Philippe Starck to create the Starck with Fossil Inc watch collection.

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10.

In 2006, Fossil Inc teamed up with the National Football League in the United States to make the official watch collection for each team.

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11.

Fossil Inc won awards for "Most Effective Use of Online Creative" and "Best of Show" awards for the 6th Annual DFWIMA Excellence in Interactive Marketing .

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