US-based leather and other luxury goods firm Fossil, Inc. has posted higher net sales second quarter and first half ended July 5.

Second quarter net sales increased 15.2% to $353.2 million compared with $306.5 million in the same quarter of 2007. Gross profit rose 26.4% to $190.3 million, or 53.9% of net sales, compared with $150.5 million, or 49.1%, of net sales and net income rose 71.3% to $25.1 million compared with $14.7 million.

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