News

Leather sales boost Fossil’s results

09/11/2005

Fossil, Inc. a US brand producing fashion watches, small leather goods, belts, and handbags, has reported positive results for the third quarter ended October 1. Net sales increased 9.1% to $257.5 million compared with $236.0 million in the same period last year; gross profit grew 11.1% to $134.8 million compared with $121.4 million; and net income totalled $22.3 million versus $23.4 million.

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