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Fossil Group, Inc. Message Board

  • tharider tharider May 27, 2012 8:10 AM Flag

    Category Domination

    I visited several dept. stores over the week-end and was happy to see Fossil brands are growing even more dominant of watch category in higher end department stores, including Macys and Von Vaur, especially with recent Skagen acquisition. Also seeing much more of their jewelry in stores.

    Considering their success in the US and Europe, I'm confident of their chances of succeeding in Asia where they're making significant investment in increasing distribution. If they're even half as successful in China and other new Asian markets as they've been in Europe and the US, Fossil is likely to provide some very impressive returns. More importantly to me, I trust the CEO who is a major shareholder and who has proven to be an extraordinarily capable manager with a long-term outlook.

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102.54+2.54(+2.54%)Aug 22 3:59 PMEDT

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