Better than expected revenues Fossil

Fossil, Inc. has announced that it expects first quarter revenues to be in the range of USD 165 million to USD 170 million, as compared to USD 143.6 million in the first quarter of the prior year. This increase includes approximately USD 5 million from a stronger than expected Euro. Fossil will present its Q1-report coming May 13.

Mike Kovar, Chief Financial Officer of Fossil, said: "We experienced a significant drop in orders during March causing our first quarter domestic sales to fall below expectations. On a positive note, sales from our international businesses continued to perform strongly."

Mr. Kovar added: "We continue to be excited about our prospects for the second half of the year. We believe the global retail environment will improve during the second half of 2003.
Fossil is a design, development, marketing and distribution company that specializes in an extensive line of watches sold under the Fossil brand. The company also licensed brands for Emporio Armani, DKNY and Diesel. The Company's products are sold in department stores and specialty retail stores in over 90 countries around the world.

www.fossil.com
April 23, 2003

Fossil and Microsoft develop web-accessible wristwatch

Fossil and Microsoft have teamed up to launch the first watch that will enable users to access the Internet. On Thursday Fossil, Inc. announced the partnership to develop a fashionable new collection of watches incorporating Microsoft Smart Personal Objects Technology (SPOT). The new Fossil watch, powered by SPOT, will be available this fall in three branded versions. The watches will allow users to receive and display timely, customized Web content at the convenient flick of a wrist.

The watch will provide consumers with convenient, instant access to personalized Web information and services -- including news, weather, sports, stock quotes, instant messaging and more. With the easy-to-use configuration Web page, users select the content they desire. Once selected, the content is broadcast over a new radio receiver solution developed by Microsoft and beamed conveniently to the watch.

“The SPOT watch is an important addition to Fossil's growing tech division and a great innovation for the watch industry,” Donald Brewer, Fossil's Vice President of Technology, said in a statement.

Fossil plans to launch the new SPOT watch initially in three branded versions: the company's new Abacus tech brand targeting the electronics channel, the Philippe Starck with Fossil, a collection of watches designed by the well-known French designer, and Fossil. All versions of the watches powered by SPOT are scheduled to ship for fall 2003. Prices are still to be determined.

January 10, 2003
www.fossil.com

FOSSIL to produce Burberry watches

Fossil will produce a new line of Burberry watches. The company announced that its Swiss division has entered into a worldwide license for the production of Swiss-made watches with Burberry. Under the terms of the agreement, Fossil will handle the design, manufacturing, marketing, distribution and merchandising of the new Burberry timepiece collection.

Fossil will work closely with Burberry's in-house team in formulating the design direction and marketing of the products. The Burberry timepiece collection will be available at fine department stores and specialty stores, fine jewelers and at Burberry retail stores worldwide. The distribution of the Burberry timepiece collection will begin in the Fall of 2002.

"We are excited about our partnership with Burberry. This relationship is another important facet in our rapidly evolving Swiss strategy," commented Enrico Margaritelli of Fossil. "Our focus will be to help enhance the remarkable momentum Burberry has achieved over the past few years. We believe the strategic plan of offering affordable Swiss-made watches with a strong quality/value relationship that reflect the heritage of the Burberry brand through fashion and innovation is an outstanding opportunity for both companies," concluded Mr. Margaritelli.

Burberry, the original British luxury brand, was founded in 1856. The brand is showcased in 60 directly-operated Burberry stores as well as through leading specialty retailers worldwide.

Fossil is a design, development, marketing and distribution company that specializes in consumer products predicated on fashion and value. The Company's principle offerings include an extensive line of fashion watches sold under the FOSSIL and RELIC brands as well as complementary lines of small leather goods, belts, handbags and sunglasses and FOSSIL brand apparel. The Company's products are sold in department stores and specialty retail stores in over 80 countries around the world, in addition to the Company's e-commerce Web site at http://www.fossil.com
November 29, 2001

FOSSIL DEBUTS WRIST PDA WATCH

Fossil, Inc. (NASDAQ: FOSL), one of America's leading watch and accessories companies, today announced the introduction of two new products: the Wrist PDAT and Wrist PDA/PCT - the ultimate companions for PALM PoweredT or PocketPC handheld devices. These products are the first high-tech devices in the FOSSIL line providing the convenience and portability of a watch with the storage capability of a handheld device.

"As the world's leading manufacturer of handheld computers, Palm is delighted to welcome this exciting new product, as well as one of America's favorite watch companies, Fossil to the growing Palm Economy," said Claudia Romanini, senior director, Custom Solutions Palm, Inc.

Data from the user's PDA is downloaded to the watch through an infrared interface, the popular beaming technology currently found in most handheld devices. The watch's built-in applications provide read-only capability and can store a maximum of any one of the following items in the 190KB of available memory: 1,100 contacts 800 different appointments 5,000 to do's 350 memos Users access their data through easy to use drop-down menus navigated by a four-direction button on the watch. Users can also receive up to twenty business cards beamed from handhelds or other Wrist PDA watches.

"The Wrist PDA and Wrist PDA/PC devices give the approximately 17.5+ million handheld users around the world the freedom to take their information anywhere they go making their data wearable," said Donald Brewer, vice president of technology, Fossil Inc.

The Wrist PDAT is compatible with the following Palm OS® based handhelds: including the PalmT III series, V series, VII series, m100 series and m500 series handhelds; Handspring: Visor®, Edge; and Sony Clie models. The Wrist PDA/PCT version supports the PocketPC operating system for Compaq iPaq, Cassiopeia® and HP Jornada® users.

The watches will be available in early 2002 at department and specialty stores, FOSSIL retail stores and on the Company's web-site at http://www.fossil.com and will have a suggested retail price of $145. Check out the Wrist PDA and Wrist PDA/PC at http://www.fossil.com/pda.

About Fossil
Fossil is a design, development, marketing and distribution company that specializes in consumer products predicated on fashion and value. The Company's principle offerings include an extensive line of fashion watches sold under the FOSSIL and RELIC brands as well as complementary lines of small leather goods, belts, handbags and sunglasses and FOSSIL brand apparel. The Company's products are sold in department stores and specialty retail stores in over 80 countriesaround the world, in addition to the Company's e-commerce Web site at http://www.fossil.com