BERLIN â€“ Aug. 30, 2017 â€“ Fossil Group (NASDAQ: FOSL) announced today, ahead of IFAÂ® 2017, a massive expansion of its wearables business. In 2018, Fossil Group will add new brands to its touchscreen smartwatch lineup powered by Googleâ€™s Android WearTM. This is in addition to the five current brands â€“ Diesel, Emporio Armani, Fossil, Michael Kors and Misfit â€“ that will offer customers new, full-round touchscreen smartwatches in time for fall and holiday 2017.
In the last 12 months, Fossil Group doubled its points of distribution for its connected devices and more than doubled its sales of wearables. Google continues to be a key strategic partner for the company, supporting the expansion of products powered by Android Wear 2.0. The expansion announcement further cements Fossil Group and Google as leaders in fashion-first smartwatches.