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  Fossil Group, Inc.   is an   American   fashion designer   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 . Fossil also makes licensed accessories for brands such as BMW,   Puma ,   Emporio Armani ,   Michael Kors ,   DKNY ,   Diesel ,   Kate Spade New York ,   Tory Burch , Chaps, and   Armani Exchange . [4] Kosta Kartsotis, brother of Tom Kartsotis and CEO, owns approximately 12.5% of Fossil  stock . The company name is the  nickname  the brothers gave their father. [5] Contents 1 Company history 2 License business 3 Special products 4 Awards 5 References 6 Further reading 7 External links Company history [ edit ] Fossil was founded in 1984 as Overseas Products International by  Tom Kartsotis , a former  T...

Increased Risk Appetite & Greenback’s Rebound Put A Dent On Precious Metal Price Action Gold slides down from weekly high’s but managed to retain bullish price action on weak US Greenback despite rebound. Gold Tuesday Precious metals are trading relatively subdued today on broad based prevalent US dollar. As gold neared weekly high’s yesterday on back on weak US Greenback, profit booking activity and increased risk appetite amid investor optimism on positive outcome for Sino-U.S. trade deal in broad market saw gold fall significantly. Another factor that led to gold’s decline was dollar’s rebound from 2½ month low hit in previous session. The recovery in dollar didn’t amount to much preventing yellow metal’s decline. While market saw positive price action investors turned cautious in Asian market hours with major Asian indices turning red on news of North Korean leader Kim Jon Un’s visit to China while US delegates were present especially after New Year news w...