RICHARDSON, Texas, Dec. 6, 2022
/PRNewswire/ -- Fossil Group, Inc. (NASDAQ: FOSL) (the "Company" or
"Fossil Group") today announced the addition of respected beauty
and fashion executive Suzanne (Susie)
Coulter to the Company's Board of Directors, effective
immediately. The appointment expands the size of the Board of
Directors to eight members, including seven independent
directors.
Ms. Coulter brings almost 25 years of leadership within the
retail, beauty and fashion industries to Fossil Group. She is the
Founder and Chief Executive Officer of Arq Botanics, a personal
care company that develops and sells all-natural health and beauty
products. She currently sits on the Board of Directors of
Abercrombie & Fitch Co., where she serves as Chair of the
Environmental, Social and Governance Committee.
"Susie's immense retail background, from corporate leadership
and entrepreneurship to more specific expertise in retail strategy,
operations, merchandising and supply chain, will be invaluable to
our Board of Directors," said Kosta N.
Kartsotis, Chairman and Chief Executive Officer of Fossil
Group. "We look forward to having her join our board and the impact
her decades of retail, fashion and beauty experience will have on
the Fossil Group business."
Prior to her entrepreneurial venture founding Arq Botanics, Ms.
Coulter served in senior leadership roles at Victoria's Secret
& Co. and Ralph Lauren Corporation. As President of the Beauty
Division at Victoria's Secret, she led and oversaw the global
development and management of the company's line of fragrances,
lotions, cosmetics and other beauty products. While at Ralph
Lauren, she served as President of US Retail, overseeing the
merchandising, management, operations and marketing of Ralph
Lauren's Polo stores in the U.S.
"I have always been drawn to brands like Fossil that have a
strong heritage and a proven ability to keep a finger on the pulse
of the consumer. It is an honor to join the Fossil Group Board and
such a talented group of directors. I am incredibly excited to have
the opportunity to contribute and support the company in the next
phase of growth," said Susie
Coulter.
Ms. Coulter's extensive experience in retail, beauty, and
fashion also includes positions at Harrods, House of Fraser, and
the Edgars Group.
About Fossil Group, Inc.
Fossil Group, Inc. is a global design, marketing, distribution
and innovation company specializing in lifestyle accessories. Under
a diverse portfolio of owned and licensed brands, our offerings
include traditional watches, smartwatches, jewelry, handbags, small
leather goods, belts and sunglasses. We are committed to delivering
the best in design and innovation across our owned brands, Fossil,
Michele, Relic, Skagen and Zodiac, and licensed brands, Armani
Exchange, Diesel, DKNY, Emporio Armani, kate spade new york,
Michael Kors, PUMA and Tory Burch.
We bring each brand story to life through an extensive distribution
network across numerous geographies, categories and channels.
Certain press release and SEC filing information concerning the
Company is also available at www.fossilgroup.com.
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SOURCE Fossil Group, Inc.