RICHARDSON, Texas, July 24, 2012 (GLOBE NEWSWIRE) -- Fossil, Inc. (Nasdaq:FOSL) (the "Company") announced today additions to and a promotion within its senior leadership team. Tom Kennedy has been promoted to Executive Vice President effective June 26, 2012; Edward J. Robben has joined the Company as Senior Vice President - Chief Information Officer; and Joanne Calabrese has joined the Company as Senior Vice President - Retail Merchandising.
Mr. Kennedy has been with Fossil since 2009 in a Senior Vice President role within the Company's retail division. Prior to joining Fossil, he was president of Pacific Sunwear and has an extensive background in global product development and retailing for brands including Nike and Gap. In his new role, Mr. Kennedy will be responsible for the FOSSIL brand, including all product development and creative aspects. Mr. Kennedy will report to Mark D. Quick, Vice Chairman.
Prior to joining Fossil, Mr. Robben served as Senior Vice President - Chief Information Officer and Executive Board Member for J.C. Penney Company. Mr. Robben's background includes significant experience in systems and technology, having built teams across both the fashion and consumer space. Mr. Robben will report directly to Fossil's CEO, Kosta Kartsotis.
Joanne Calabrese joins Fossil from JCR Consulting, a multi-channel retail consulting firm based in San Francisco. She has held key retail leadership roles with The Body Shop, Gap, Inc., and the DFS Group. Ms. Calabrese will be responsible for the Company's direct merchandising and outlet concept strategy and will report to Jennifer Pritchard, President of Retail.
Mr. Kartsotis said, "We are excited about leveraging Tom's leadership skills and vast product experience in his new role within the Company. Additionally, we believe the additions of Ed and Joanne will be invaluable in building upon our global infrastructure and increasing the size of the FOSSIL footprint worldwide."
About Fossil
Fossil is a global retailer specializing in the design, innovation, and marketing of fashion lifestyle and accessory products. At the heart of Fossil's vision is a commitment to fostering creativity and delivering the best in design across both its owned and licensed multi-brand portfolio. The FOSSIL brand is rooted in authenticity and a distinctive Modern Vintage aesthetic. With over 400 retail stores worldwide and a strong global e-commerce business, the Company is internationally known for its assortment of lifestyle and accessory items, including watches, handbags, and clothing. The Company is constantly developing its multi-brand portfolio through its core competencies in innovative branding, world-class design, and dynamic global distribution. Additional information and current Securities and Exchange Commission filings are available at fossil.com.
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