Fossil, Inc. (NASDAQ:FOSL)
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The Company is a design, development, marketing and distribution company that focus in consumer fashion accessories.
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The Company is a design, development, marketing and distribution company that focus in consumer fashion accessories.
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Retail is slowly growing and with the resurgent economy building, retail will be a big part of it.
How do you figure? Consumer discretionary took a massive hit Friday and will continue lower with the weight of the market. Retail sector has been dropping like a falling knife since early December. Unemployment rates week over week are at their highest since 2005 and unemployment is expected to increase to 9.5% this coming week.