Research Desk Line-up: Forward Industries Post Earnings Coverage

LONDON, UK / ACCESSWIRE / September 1, 2017 / Pro-Trader Daily takes a look at the latest corporate events and news making the headlines for Fossil Group, Inc. (NASDAQ: FOSL) ("Fossil"), following which we have published a free report that can be viewed by signing up at http://protraderdaily.com/optin/?symbol=FOSL. The global lifestyle accessories Company announced on August 30, 2017, massive expansion plans for its wearables business. Fossil announced that it would add new brands to its touchscreen smartwatch lineup powered by Google's Android Wear? in 2018. This is in addition to the five brands - Diesel, Emporio Armani, Fossil, Michael Kors, and Misfit ? that will offer customers new, full-round touchscreen smartwatches in time for fall and holiday 2017. For immediate access to our complimentary reports, including today's coverage, register for free now at:

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Discover more of our free reports coverage from other companies within the Textile - Apparel Footwear & Accessories industry. Pro-TD has currently selected Forward Industries, Inc. (NASDAQ: FORD) for due-diligence and potential coverage as the Company announced on August 14, 2017, its financial results for Q3 FY17 which ended on June 30, 2017. Tune in to our site to register for a free membership, and be among the early birds that get our report on Forward Industries when we publish it.

At Pro-TD, we make it our mission to bring you news that matter about the stock you follow. Today, our research desk covers a blog story on FOSL; also brushing on FORD. Go directly to your stock of interest and access today's free coverage at:

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Fossil's announcement comes just ahead of the IFA® 2017, which is scheduled to take place from September 01 to 06, 2017 in Berlin. IFA is a leading trade show for consumer electronics and home appliances.

The Fast Growing Wearables Business

Fossil doubled the points of distribution for its connected devices business in the last 12 months, which has helped the Company more than double its sales of wearables.

Greg McKelvey, Chief Strategy and Digital Officer at Fossil, highlighted that wearables segment is the fastest-growing part of their business currently. He mentioned that customer demand for wearables is strong and is getting even stronger ? which makes it the front-end of this business evolution. He believes that the distinct combination of the best design and the best tech would be the winning point with fashion-conscious consumers, especially female customers who have been long neglected by other wearables brands.

Fossil Introduced Game-Changing Touchscreen Smartwatch Lineup in 2017

Fossil launched its touchscreen smartwatch line-up in early 2017 with watches which are compatible with both iOS® and Android? phones. These watches have spectacular full-round AMOLED displays, which preserve the integrity of sophisticated watch design with crystal-clear illumination and crisp resolution. The product line has some game-changing improvements in the hardware design like its form factors are thinner, sleeker, more comfortable, and more appealing to the female customer.

Currently, Fossil is offering more hybrid and touchscreen smartwatch options than any other Company in the world. It is also featuring its new wearables on display at IFA 2017. It is expected that Fossil would have launched over 300 connected watch styles across 14 brands by the end of 2017. In fact, the devices are now active in over 50 countries and 21 languages.

Google and Fossil Connect Fashion with Technology

Google has been a key strategic partner to Fossil Group, supporting the expansion of products powered by Android Wear 2.0. The announcement for expansion would further strengthen the relationship between cements Fossil and Google as leaders in fashion-first smartwatches.

David Singleton, Vice President of Android engineering at Google, announced that Google's partnership with Fossil has been a driving force for the growth of Android Wear's device portfolio. This has enabled them to offer greater choices and diversity to users. David Singleton is thrilled to further this partnership in 2018. In fact, he is looking at implementing new ways of connecting fashion and technology, by utilizing the flexibility of Android Wear and the design capabilities of Fossil.

About Fossil Group's 2018 Touchscreen Smartwatches

Fossil's 2018 touchscreen smartwatches, powered by Android Wear 2.0, would continue to be compatible with iOS as well as Android phones. It would enable users to customize key information to appear on their watch face, make shortcuts to play music, or even monitor activity goals. In fact, they can personalize their watch by choosing any dial design or color combinations that fits their style. Moreover, it will also allow them to download third-party apps through the on-watch Google Play? Store.

Android-wear hybrid smartwatch launches for fall or holiday 2017

  • Diesel:The first Diesel On Full Guard touchscreen smartwatch was available for presale on August 29, 2017, while the entire collection would be available globally from September 25, 2017.

  • Emporio Armani:The first Emporio Armani Connected touchscreen smartwatch connects classic watch design with innovative technology, comes with 11 interchangeable straps and a Saved Faces watch app. It would be available from September 14, 2017.

  • Fossil: It is launching its first full-round touchscreen smartwatches, Fossil Q Venture and Fossil Q Explorist. These are sleek designs with stunning OLED displays and exclusive new watch apps. The new styles are already available in select Fossil stores and on Fossil.com.

  • Michael Kors: The Michael Kors Access Sofie touchscreen smartwatches have been developed with women in mind. They come with a dazzling, sleek case body and screen. On the other hand, Michael Kors Access Grayson touchscreen smartwatch has been designed for the sophisticated man on the go and comes with a stainless steel case body and oversized screen. The Michael Kors Access touchscreen smartwatches will be available globally from September 25, 2017.

  • Misfit:Misfit Vapor, which comes with heart rate monitoring, standalone music functionality, and is swim proof to 5ATM, will be available in October.

About Fossil Group Inc.

Fossil Group, Inc. is a global design, marketing, distribution, and innovation Company, which specializes in lifestyle accessories. The Company has a diverse portfolio of owned and licensed brands, including fashion watches, jewelry, handbags, small leather goods and wearables. It has an extensive wholesale distribution network across 150 countries and over 600 retail locations. The Company delivers best design and innovation across its brands Fossil, MICHELE, Misfit, Relic, Skagen, and Zodiac, and licensed brands, Adidas, Armani Exchange, Burberry, Chaps, Diesel, DKNY, Emporio Armani, Karl Lagerfeld, Kate Spade New York, Marc Jacobs, Michael Kors and Tory Burch.

Last Close Stock Review

At the close of trading session on Thursday, August 31, 2017, Fossil's stock price declined 3.04% to end the day at $8.29. A total volume of 2.09 million shares were exchanged during the session. At Thursday's closing price, the stock's net capitalization stands at $382.75 million.

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