Still, Fossil seemed to be reading the tea leaves and announced in early 2024 that it would leave the smartwatch business while keeping existing OS watches updated for the next few years.

(Fossil) Fossil Group is looking for its next ... The decrease last year was partially tied to the exit of the smartwatch category and the store changes. “During my first six months in the ...

Shares of Fossil Group, Inc. FOSL have gained 20.3% ... The decline was primarily attributed to soft consumer demand, reduced smartwatch sales following the company’s exit from the category ...