Fossil Group (NYSE: FOSL) has been continually sold off, mostly because of the transition towards digital and e-commerce sales. This is a macro trend that has destroyed the traditional retail sector all across the board. Unfortunately for shareholders, FOSL hasn't been any different. In this article, I’ll explore the current risks and opportunities of Fossil Group.
Source: Fossil Group
Overview
As you might know already, the company focuses on selling watches, belts, jewelry, and handbags, to name a few. Its main distribution channel is currently classic retail stocks. Still, as of late, FOSL is