US-based luxury leathergoods producer Fossil has reported higher sales and earnings for the quarter and half-year ended periods ended July 3.

Second-quarter net sales increased by 30.6% to $412.6 million compared with $315.9 million during the prior-year period. Gross profit rose 41.7% to $236.9 million, accounting for 57.4% of net sales. This compares to $167.2 million and a 52.9% share last year. Net income grew 227.8% to $54.5 million compared with $16.6 million.

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