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Fossil Group, Inc., is an American fashion design and manufacturer founded in 1984 by Tom Kartsotis and based in Richardson, Texas. Their brands include Fossil, Relic, Michele Watch, Skagen Denmark , Misfit , WSI, and Zodiac Watches .
The company was originally established in Seattle in 1897 as C.C. Filson's Pioneer Alaska Clothing and Blanket Manufacturers to meet the needs of prospectors passing through Seattle on their way to the Klondike Gold Rush; as of 2012 the brand is owned by Fossil Group founder Tom Kartsotis, who also created Shinola Detroit. [1]
Tom Kartsotis (left) gives U.S. Secretary of Labor Thomas Perez a tour of a new Shinola location.. Kartsotis is the founder of Fossil Inc. in 1984 and served in roles including Director, President, Chief Executive Officer, Chairman from 1984 to January 2010. [3]
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As of its acquisition by Fossil Inc. on April 2, 2012, Skagen Designs, Ltd. operates as a wholly owned subsidiary of Fossil, listing, as of May 1, 2015, Charlotte Jorst as co-founder and president, Henrik Jorst as co-founder, and Steen Albrechtslund as group managing director.
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Shinola began by producing watches with quartz analog movements. [28] The company's first watch was released in March 2013. Produced in an edition of 2,500 and available in two sizes, The Runwell Limited Edition 47mm sold out in one week, with the last 40mm watch selling out in under two weeks.