Asia Pacific wholesale net sales rose 15.3%, or $11.7 million, in comparison to the first quarter of fiscal 2012. The period-over-period growth in sales was driven primarily by strong watch sales. The addition of SKAGEN contributed $3 million in sales for the first quarter of fiscal 2013.Direct to consumer net sales for the first quarter of fiscal 2013 increased by 22.7%, or $30.7 million, compared to the prior fiscal year first quarter. The sales increase was primarily driven by the expansion of the global retail store base along with a 4.3% increase in comparable store sales. The overall sales growth was driven by a strong performance in watches as well as the Company's repositioned jewelry business and a modest increase in the leathers category.
Fossil, Inc. Reports Record First Quarter 2013 Results
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