Fossil Inc. posted double-digit percent gains in both fourth-quarter profits and sales, and said separately that it has signed a global licensing agreement with Tory Burch.
The watch firm said income for the three months ended Dec. 29 rose 28.2 percent to $151.1 million, or $2.51 a diluted share, from $117.9 million, or $1.87, last year. Sales rose 14.1 percent to $947.7 million from $830.8 million. The firm said global retail comparable-store sales rose 2.4 percent, representing the 19th consecutive quarter of positive comps.
"You start one way as a baby, but why shouldn't you be able to choose your own path as opposed to culturally people telling you which way to go?" - Thom Browne at his men's spring 2018 show, where he celebrated gender fluidity. #pfw #wwdmens (📷: @delphineachard)
"I think that all anyone really wants in life is to have people understand us for who we actually are, despite everything," says Ruth Negga. The actress talks "Preachers" season 2 and more on WWD.com. #wwdeye (📷: Dan Doperalski)