Fossil Group extends licensing agreement with Michael Kors through 2027

Fossil Group announced on Thursday an extension of its long-standing licensing agreement with luxury fashion brand Michael Kors, securing their partnership through 2027. 

The agreement ensures that Fossil Group will continue designing, manufacturing, and distributing Michael Kors watches and jewelry worldwide.

“We’re delighted to announce the continuation of our long partnership with the Fossil Group. They’ve been a valued partner of the Michael Kors brand for many years,” said John D. Idol, chairman and CEO of Capri Holdings Limited and CEO of Michael Kors.  

The renewed deal builds upon a relationship spanning more than two decades, reinforcing Fossil Group’s position as a leader in the fashion accessories market.

“Our relationship with Michael Kors remains among our most valued licensed partnerships,” said Franco Fogliato, CEO of Fossil Group. 

“We are honored to have been entrusted with their brand for over 20 years and look forward to the exciting opportunities that lie ahead in our partnership.”  

Earlier this month, Fossil Group announced the appointment of Joe Martin as chief commercial officer and Antonio Carriero as chief digital information officer and general manager for the EMEA region.