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Fossil Group
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. 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. Company history Fossil was founded in 1984 as Overseas Products International by Tom Kartsotis, a former Texas A&M University student living in Dallas from a suggestion by his older brother, Kosta Kartsotis, a merchandising executive at Sanger-Harris. Kosta told his younger brother about the potential large profits that could be made in importing retail goods made in the Far East, specifically in importing moderately- ...
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Public Company
A public company is a company whose ownership is organized via shares of stock which are intended to be freely traded on a stock exchange or in over-the-counter markets. A public (publicly traded) company can be listed on a stock exchange (listed company), which facilitates the trade of shares, or not (unlisted public company). In some jurisdictions, public companies over a certain size must be listed on an exchange. In most cases, public companies are ''private'' enterprises in the ''private'' sector, and "public" emphasizes their reporting and trading on the public markets. Public companies are formed within the legal systems of particular states, and therefore have associations and formal designations which are distinct and separate in the polity in which they reside. In the United States, for example, a public company is usually a type of corporation (though a corporation need not be a public company), in the United Kingdom it is usually a public limited company (plc), i ...
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Zodiac Watches
Zodiac Watches, or simply Zodiac, is an American brand of Swiss-made watches founded in 1882 by Ariste Calame in Le Locle, Switzerland. The company mostly focuses on its dive watches through its Sea Wolf line, one of the first modern dive watches, which debuted in 1953 along with the Rolex Submariner and Blancpain Fifty Fathoms. Although Zodiac was acquired by Fossil Group in 2001, its manufacturing remained in Bienne, Switzerland. Zodiac and Fossil Group are headquartered in Richardson, Texas. History In 1882, Ariste Calame founded a workshop for the production of watches in Le Locle, Switzerland. The original name of the company was ''Ariste Calame'' and would later become Zodiac. The name Zodiac not registered until 1908, despite being used earlier by the company. The founder's son, Louis Ariste Calame, was sent to watchmaking school and took over the company in 1895. The first flat pocket watch, launched in 1928, used the Zodiac calibre 1617 movement. In 1930, the brand d ...
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Dallas
Dallas () is the List of municipalities in Texas, third largest city in Texas and the largest city in the Dallas–Fort Worth metroplex, the List of metropolitan statistical areas, fourth-largest metropolitan area in the United States at 7.5 million people. It is the largest city in and County seat, seat of Dallas County, Texas, Dallas County with portions extending into Collin County, Texas, Collin, Denton County, Texas, Denton, Kaufman County, Texas, Kaufman and Rockwall County, Texas, Rockwall counties. With a 2020 United States census, 2020 census population of 1,304,379, it is the List of United States cities by population, ninth most-populous city in the U.S. and the List of cities in Texas by population, third-largest in Texas after Houston and San Antonio. Located in the North Texas region, the city of Dallas is the main core of the largest metropolitan area in the Southern United States and the largest inland metropolitan area in the U.S. that lacks any navigable link ...
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Texas A&M University
Texas A&M University (Texas A&M, A&M, or TAMU) is a public, land-grant, research university in College Station, Texas. It was founded in 1876 and became the flagship institution of the Texas A&M University System in 1948. As of late 2021, Texas A&M has the largest student body in the United States, and is the only university in Texas to hold simultaneous designations as a land, sea, and space grant institution. In 2001, it was inducted into the Association of American Universities. The university's students, alumni, and sports teams are known as Aggies, and its athletes compete in eighteen varsity sports as a member of the Southeastern Conference. The university was the first public higher-education institution in Texas; it opened for classes on October 4, 1876, as the Agricultural and Mechanical College of Texas (A.M.C.) under the provisions of the 1862 Morrill Land-Grant Act. In the following decades, the college grew in size and scope, expanding to its largest enrol ...
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Wired (magazine)
''Wired'' (stylized as ''WIRED'') is a monthly American magazine, published in print and online editions, that focuses on how emerging technologies affect culture, the economy, and politics. Owned by Condé Nast, it is headquartered in San Francisco, California, and has been in publication since March/April 1993. Several spin-offs have been launched, including '' Wired UK'', ''Wired Italia'', ''Wired Japan'', and ''Wired Germany''. From its beginning, the strongest influence on the magazine's editorial outlook came from founding editor and publisher Louis Rossetto. With founding creative director John Plunkett, Rossetto in 1991 assembled a 12-page prototype, nearly all of whose ideas were realized in the magazine's first several issues. In its earliest colophons, ''Wired'' credited Canadian media theorist Marshall McLuhan as its "patron saint". ''Wired'' went on to chronicle the evolution of digital technology and its impact on society. ''Wired'' quickly became recognized ...
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Nickname
A nickname is a substitute for the proper name of a familiar person, place or thing. Commonly used to express affection, a form of endearment, and sometimes amusement, it can also be used to express defamation of character. As a concept, it is distinct from both pseudonym and stage name, and also from a title (for example, City of Fountains), although there may be overlap in these concepts. Etymology The compound word ''ekename'', literally meaning "additional name", was attested as early as 1303. This word was derived from the Old English phrase ''eac'' "also", related to ''eacian'' "to increase". By the 15th century, the misdivision of the syllables of the phrase "an ekename" led to its rephrasing as "a nekename". Though the spelling has changed, the pronunciation and meaning of the word have remained relatively stable ever since. Conventions in various languages English nicknames are generally represented in quotes between the bearer's first and last names (e.g., '' ...
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Stock
In finance, stock (also capital stock) consists of all the shares by which ownership of a corporation or company is divided.Longman Business English Dictionary: "stock - ''especially AmE'' one of the shares into which ownership of a company is divided, or these shares considered together" "When a company issues shares or stocks ''especially AmE'', it makes them available for people to buy for the first time." (Especially in American English, the word "stocks" is also used to refer to shares.) A single share of the stock means fractional ownership of the corporation in proportion to the total number of shares. This typically entitles the shareholder (stockholder) to that fraction of the company's earnings, proceeds from liquidation of assets (after discharge of all senior claims such as secured and unsecured debt), or voting power, often dividing these up in proportion to the amount of money each stockholder has invested. Not all stock is necessarily equal, as certain classe ...
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Armani Exchange
Giorgio Armani S.p.A. (), commonly known as Armani, is an Italian luxury fashion house founded in Milan by Giorgio Armani which designs, manufactures, distributes and retails haute couture, ready-to-wear, leather goods, shoes, accessories, and home interiors. Armani licenses its name and branding to Luxottica for eyewear; L'Oréal for fragrances and cosmetics; and Fossil for watches and jewelry. It is considered Italy's second-biggest fashion group behind Prada.Valentina Za (July 25, 2017)Armani reorganises brands as revenue, profit margins slip''Reuters''. History Armani and his partner, architect Sergio Galeotti, founded Giorgio Armani SpA in 1975, reportedly on money from the sale of Armani's Volkswagen.Suzy Menkes (April 9, 2002)Giorgio Armani:'I did it my way'''International Herald Tribune''. The company signed a license with Gruppo Finanziario Tessile (GFT) in 1978. It partnered with L'Oreal on a licensing agreement for the production and distribution of fragrances, cosm ...
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Tory Burch (company)
Tory Burch LLC is an American mid-luxury fashion label based in Manhattan, New York, United States. It was founded by American designer Tory Burch in 2004. Pierre-Yves Roussel is the current CEO of the company. History Tory Burch began her fashion label – "Tory by TRB", later known as "Tory Burch" – in February 2004, launching it with a retail store in Manhattan's Nolita district.Agins, Teri. "How Tory Burch Found Her Stride". '' Wall Street Journal''. February 1, 2008. Most of the inventory sold out on the first day. When Oprah Winfrey endorsed her line on ''The Oprah Winfrey Show'' in April 2005, calling Burch "the next big thing in fashion", Burch's website received eight million hits the following day. Since launch, the company has grown to include more than 300 Tory Burch stores worldwide, including flagships in New York, Los Angeles, London, Paris, Rome, Tokyo, and Seoul, and ecommerce sites in seven languages. The company’s Shanghai flagship, which launched in 201 ...
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Kate Spade New York
Kate Spade New York is an American fashion house founded in January 1993 by Kate and Andy Spade. Kate Spade New York competes with Michael Kors. In 2017, the company was purchased by Tapestry, Inc., formerly known as Coach, Inc. Business history Prior to company creation Katherine Noel Brosnahan (later known as Kate Spade) was born on December 24, 1962, in Kansas City, Missouri. She grew up in Kansas City and went to an all-girls Catholic high school. Eventually she moved to Arizona, where she attended Arizona State University and graduated in 1985. It is there that she met her future husband, Andy Spade. Katherine majored in journalism, while Andy majored in architecture. In 1986, after completing their education, the couple moved to New York City. It was in New York that Katherine worked as a style editor for '' Mademoiselle'', but left in 1991 (with the title of senior editor/head of accessories) to start her own handbag line. To get inspiration, Kate browsed local fl ...
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Diesel (brand)
Diesel S.p.A. is an Italian retail clothing company, located in Breganze, Italy. It sells denim and other clothing, footwear, and accessories. The clothing line has two different brands: Diesel and Diesel Black Gold. There is also a line for children, called Diesel Kid. The company is known for its surreal advertising campaigns. Diesel USA filed for Chapter 11 bankruptcy protection in March 2019. Its parent company, Diesel SpA, is not part of the bankruptcy filing. Belgian designer Glenn Martens was appointed artistic director of Diesel in October 2020. History Beginnings of Diesel Diesel founder Renzo Rosso began stitching jeans on a sewing machine at the age of fifteen. He used his mother's sewing machine to produce low-riding, bell bottomed jeans, which he would wear himself and sell to his friends for 3500 lire a piece. He later attended an industrial textile manufacturing high school in Padua. In 1976 Rosso began working for a clothing manufacturer called Moltex, whic ...
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DKNY
DKNY is a New York City–based fashion house for men and women, founded in 1984 by Donna Karan. History Karan worked for 15 years at Anne Klein, including 10 as its head designer. In 1984 Karan and her late husband Stephan Weiss were offered the opportunity to start their own business by the owner of Anne Klein, Takihyo LLC. The company became a publicly traded venture in 1996. In 2001 it was purchased by the French conglomerate corporation LVMH (Louis Vuitton Moët Hennessy). In 2015 Donna Karan left as chief designer at Donna Karan International, to focus on her Urban Zen brand and Urban Zen Foundation philanthropy.Pressreader.com: "Donna Karan imagines a DKLA"
Los Angeles Times, 13 November 2016.
LVMH sold Donna Karan International, with the 'Donna Karan' and 'DKNY' ...
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