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Fashion

Fossil Group to launch wearables for eight brands in 40 countries

London - Fossil Group, the watch, jewellery and accessories manufacturer for brands including Michael Kors and Kate Spade, is set to launch wearables for eight brands in 40 countries this year. The announcement was made during Baselworld with Fossil confirming that it will launch 100 wearable products in 2016 for eight brands - Chaps, Diesel,...

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Business

Fossil acquires Misfit beginning wearable consolidation

Fossil Group has acquired wearable technology innovator Misfit. Last Friday Fossil Group announced that they had entered a definitive agreement to acquire Mistfit, Inc. Misfit in known for their wearable technology and fashionable devices. In the wake of attempting to compete with Apple's smartwatch, Fossil Group is seeking ways to try and make...

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Business

Fossil Group acquires Misfit in push for connected wearables

US watchmaking group Fossil is acquiring the wearable tech firm Misfit for 260 million dollars as it ramps up efforts for connected watches and other gadgets. The deal announced late Thursday gives Fossil, which sells in some 150 countries, a tech platform created by former Microsoft researcher Sonny Vu and onetime Apple chief executive John...

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