This is a really stupid management decision. The growth in Fossil's business is from on-line. To hand it over to automatons in a foreign country who care less about the company is folly. This industry and market is changing - dramatically. When Fossil brings out their Apple watch knock off, at the same time the internal growth machine (the Fossil IT department's web marketing) is sent to a bunch of newbies in India to save a few bucks - look out. It is time to sell the Fossil stock if you own any or short it for big returns.
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Yes, all true.