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In 2012, Fossil, Inc. agreed to purchase Skagen Designs and some of its partners for approximately $225 million in cash and 150,000 Fossil shares. The total value paid by Fossil would be approximately $236.8 million. [12] [13] In early 2013, Fossil introduced their upscale and more expensive "Fossil Swiss" line of watches which are made in ...
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Wristwatches from Skagen Denmark Smartwatch Skagen Falster 3. Skagen Denmark is an American brand, initially of watches, of Skagen Designs Ltd. (a subsidiary of Fossil), that has grown into being a wider American contemporary accessories brand based on Danish design.
The company offers an assortment of women's, men's, and children's apparel and accessories, including swimwear, outerwear, lounge-wear, bags, sweaters, denim, dresses, suiting, jewelry, and shoes. In 2010 it sold via retail outlets, mail order catalogs, and an online store. [4]
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