Fossil Group Inc. is a global company specializing in the innovation, design, and marketing of fashion lifestyle and accessory products including watches, jewelry, and leather goods. At the heart of Fossil’s vision is our commitment to fostering creativity and delivering the best in design through our three core businesses: the Fossil brand, our Portfolio of internationally recognized brands, and our newest addition, Skagen. With over 500 company-owned stores worldwide, 4,000 wholesale locations, and a strong e-commerce business, we have a unique position in the global marketplace that is continuing to grow! We are headquartered in Richardson, Texas with an APAC regional office in Hong Kong and an EMEA regional office in Basel, Switzerland. (NASDAQ: FOSL)
Fossil Group, Inc.
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3.9
Overall Excellence Rating
Industry
RetailCategory
Beauty & Personal AccessoriesESG/Ethical Impact
Purpose has always been at the core of who we are at Fossil Group. Despite the global disruption and heartache of the past few years, we have remained true to our purpose to connect people with the one resource that everyone runs out of — time. Time to create success. Time to connect with each other. Time to make the world greater, together. Knowing time is finite for each of us, we are mindful of the limited nature of the resources we use to create our products and the impact of our work on communities and our people. We can and we should do the right thing. Our corporate responsibility strategy, Make Time for Good, provides the framework for how we manage environmental, social, and governance (ESG) initiatives at Fossil Group and establishes a path forward to be a purpose-driven leader for our planet, communities, and people. For over 35 years, we have designed and created thoughtful accessories that bring joy and help people live their lives to the fullest. We started as a small watchmaking business and have grown into a diverse portfolio of brands, crafting traditional watches, smartwatches, handbags, small leather goods, and more. Prioritizing our ESG initiatives is a natural extension of our company’s legacy to create better products that are not only high quality, but that also leave a lighter environmental footprint and support the livelihoods of people who design and produce them. We are proud to present our first Corporate Sustainability Report. This report is a summary of the work we accomplished in 2021 and serves as our UN Global Compact (UNGC) Communication on Progress, affirming our support for the UNGC and its 10 Principles. As our first report, it also explains some of the history behind our initiatives and approaches, as well as our ESG performance strategy and vision moving forward. In the past year, we have worked to further define what corporate responsibility looks like for our company. We’ve increased our collaboration with our stakeholders, continued to deliver supportive initiatives to our employees and communities despite the pandemic’s challenges, and created new goals that reflect the current reality and our evolving priorities … all in an effort to Make (even more) Time for Good.
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Awards Received
2023
Revenues
$1,680,000,000.00
Website Traffic
Employee Rating
3.8
Customer Rating
3.8
Company Size
5000-10000
ESG Risk Rating
4