Michael Kors, Fossil Sign 10-Year Deal

Michael Kors Holdings and Fossil Group have signed a new licensing agreement that will let the watchmaker continue to create Kors-branded watches and jewelry through 2024.

The two parties’ partnership, which has mostly involved watches but in 2010 expanded to jewelry, first began in 2004.

The deal will allow us “to further grow the Michael Kors brand and extensive line of watches and jewelry and explore other opportunities in the accessories category,” said Fossil CEO Kosta Kartsotis in a statement. 

JCK News Director