with the latest layoffs, the stumbling Fossil shows that the time has come to say goodbye. Just like the "old white men", these cheap wrist watches are no longer in keeping with the times. The smart descendants of the wristwatch relics are no such thing. And here, too, Fossil has failed after the liaison with Google did not lead to the hoped-for success. Too bad Kosta, you have finally screwed up, that would not have been necessary ...
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It took another year before Kosta finally had to leave. So what happened next? The company is not back on track just because Kosta left. Even Mr. Boyer has been part of the disaster for too long.
The company is dead, but the brand name is not. Once the remaining parts of the company are cut down to be sold, a smart investor will make the brand revival happen. Will you buy Fossil Stocks ? Well, it is up to you ... there is small chance the brand might come back ...