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The latest announcement is out from Fossil Group ( (FOSL) ).
Fossil Group announced the elimination of the Chief Operating Officer position, currently held by Jeffrey N. Boyer, as part of its ongoing Transform and Grow strategy. This move is part of a restructuring effort, with Boyer’s responsibilities being redistributed to other officers, and reflects a strategic shift in the company’s management structure.
More about Fossil Group
Fossil Group, Inc. operates in the fashion industry, primarily focusing on designing, marketing, and distributing consumer fashion accessories including watches, jewelry, and leather goods.
YTD Price Performance: 7.39%
Average Trading Volume: 1,009,989
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $100.5M
For detailed information about FOSL stock, go to TipRanks’ Stock Analysis page.
