Fossil Group, Inc. Announces a Five-Year Extension of Its Global Licensing Agreement With Diesel
The renewed license retains Fossil Group’s worldwide role in Diesel watches and jewelry through 2032.
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Company will continue to design, manufacture, market, and distribute Diesel watches and jewelry worldwide through 2032
The partnership began in 1999 with the launch of Diesel’s first watch collection and later expanded to include jewelry. Over more than 25 years, the two companies have built Diesel watches and jewelry into a globally recognized offering, known for bold, oversized designs and a distinctive, irreverent point of view.
The extension reflects both companies’ confidence in Diesel’s continued relevance with consumers and its role in Fossil Group’s licensed portfolio. It builds on the combination of the brand’s creative vision and Fossil Group’s expertise in design, manufacturing, and global distribution to support the continued development of Diesel watches and jewelry worldwide.
“Diesel has been part of the Fossil Group family for more than two decades, and it remains one of the most distinctive brands we work with,” said Franco Fogliato, Chief Executive Officer of Fossil Group. “Diesel’s creative energy, paired with our design, sourcing and global distribution capabilities, has produced watch and jewelry collections that consistently connect with consumers. We’re proud of what we’ve built together and excited to carry that momentum into this next chapter.”
“For more than 25 years, we have enjoyed bringing our boldest ideas to life with Fossil Group, creating watches and jewelry with a strong, original, and instantly recognizable identity,” said Renzo Rosso, Founder of Diesel. “Renewing this partnership means continuing to have fun, experiment, take risks, and create products that do more than tell the time: they express a personality, an attitude, a way of life. Because for Diesel, the future is not something to wait for, but something to invent. Be Brave!”
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 watches, 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, Emporio Armani, Michael Kors, Skechers 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.
About Diesel:
Diesel is an innovative international lifestyle company, founded by Renzo Rosso in 1978. Rooted in denim mastery and evolved into being a leader in premium fashion, Diesel is now a true alternative to the established luxury market. Diesel’s collections include apparel, accessories and a wide range of lifestyle collaborations: from eyewear, fragrances, watches and jewelry to interior design and real estate projects with Diesel Living. Discovering, supporting, and fostering creativity is part of Diesel DNA and of its parent company OTB, the international fashion and luxury group powering a variety of global iconic brands and companies.
View source version on businesswire.com: https://www.businesswire.com/news/home/20261110450613/en/
Investor Relations:
Christine DiSanto (Greany)
The Blueshirt Group
christine@blueshirtgroup.com
Media Relations:
Michael McMullan
Berns & Co.
mmcmullan@bernsandco.com
Diesel HQ Press Office: +39 0424 477555 | press@diesel.com
Source: Fossil Group, Inc.