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Fossil Group, Inc. Message Board

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  • thisstockisstock thisstockisstock Mar 17, 2012 11:05 AM Flag

    You haven't done your Homework, FOSL has acquired companies and does great

    so former "owners" of skagen say FOSL can double or triple sales of skagen...kind of funny that they would have sold out then dont you think?

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    • First of all, who knows the future of Fossil or any company for that matter. Right now there is a sell-off, shorting,
      etc.One either believes in fundemtals of a company or not.
      As for why would they sell if
      its sales could double or triple.Like many companies, they get to a certain level of sales and cannot go further. They need more money to expand, In this case Fossil has it, and they are also in 60 more markets then Skagen. They are being well compinsated and will still be on payroll. Think about it.

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