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Fossil reports a 4thQ miss; signs licensing agreement with Kate Spade

2015-02-17 23:39:23| Jewelry - Topix.net

Fashion watch and accessories maker Fossil Group Inc. reported weaker fourth-quarter sales and said the stronger U.S. dollar and aggressive discounting hurt its profit. Fossil also said Tuesday that it signed a licensing agreement to design, develop and distribute Kate Spade New York watches through 2025.

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