The brow brand is expected to fetch a valuation of $2.5 billion to $3 billion or more.
Fossil’s stock shot up with its smartwatch strength, but there’s still plenty of work ahead for the company.
The watchmaker said its shift to wearables was starting to pay off.
The company’s sales topped expectations and were paired with plans to cut more costs.
The brand took the unusual step of speaking out to the public in an ongoing legal case.
Laurent Potdevin’s departure, even under questionable circumstances, was swift enough to calm investors.
The former CVS Pharmacy leader has been tapped to transform Richard Baker’s retail empire, and quickly.
Guess has been investigating allegations against executive chairman Paul Marciano, who firmly denies any misconduct.