Thread regarding Fossil Inc. layoffs

Here's some irony for you . . . from a D Magazine article in 2010.

Here's some irony for you . . . from a D Magazine article in 2010.

"In an era when outsourcing is a default business strategy, Fossil recruits its own talent, nurtures it, invests in it. The benefits? More than 20 years of consecutive profits in an industry beset by roller-coaster cycles and spectacular failures. Last year, much of the fashion world took a header, and yet Fossil grabbed market share and earned a record $139 million. When most department-store partners cowered from the recession, Fossil stocked up its own outlets and bet correctly that holiday shoppers would clamor for its must-buys."

http://www.dmagazine.com/publications/d-ceo/2010/july-august/fossil-watch-company-of-richardson-banks-on-creative-talent

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Post ID: @OP+B2EtNsL

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Well, yeah, but that was before most of the old-guard executive management was forced out and Secor and Roben started bringng in their buddies. Never fails -- wen a company starts iring loads of new VPs, it's a very bad sign.

FIGMO!

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Post ID: @o4L+B2EtNsL

Email that author right away.

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Post ID: @NGD+B2EtNsL

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