Fossil, Inc. Adds Greg McKelvey To Senior Leadership Team

RICHARDSON, Texas, Feb. 11, 2013 (GLOBE NEWSWIRE) -- Fossil, Inc. (Nasdaq:FOSL) (the "Company") announced today that Greg McKelvey has joined the Company as Senior Vice President, Chief Strategy and Marketing Officer. Greg most recently served as Executive Vice President, Chief Strategy and Transformation Officer for Dean Foods Corporation, where he was responsible for corporate and business unit strategy, transformation management, marketing services and information technology.

"We are very excited to have Greg join Fossil," remarked Kosta Kartsotis, Chairman and Chief Executive Officer. "His extensive experience in executing strategic plans and leading marketing services will benefit us as we continue to drive our global businesses."

About Fossil

Fossil is a global design, marketing and distribution company that specializes in consumer fashion accessories. The Company's principal offerings include an extensive line of men's and women's fashion watches and jewelry sold under proprietary and licensed brands, handbags, small leather goods, belts, sunglasses, soft accessories, shoes and clothing. In the watch and jewelry product categories, the Company's offerings include a diverse portfolio of globally recognized proprietary and licensed brand names under which its products are marketed. The Company's extensive range of accessory products, brands, distribution channels and price points allows it to target style-conscious consumers across a wide age spectrum on a global basis. The Company's products are sold to department stores, specialty retail stores and specialty watch and jewelry stores in the U.S. and in approximately 120 countries worldwide through 26 Company-owned foreign sales subsidiaries and a network of approximately 60 independent distributors. The Company also distributes its products in over 400 Company-owned and operated retail stores and through international e-commerce websites and the Company's U.S. e-commerce website at www.fossil.com , where certain product, press release and SEC filing information concerning the Company are also available.

The Fossil, Inc. logo is available at http://www.globenewswire.com/newsroom/prs/?pkgid=3296
CONTACT: Dennis Secor         Chief Financial Officer         Fossil, Inc.         (972) 699-6820         Investor Relations:         Allison Malkin         ICR, Inc.         (203) 682-8225

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