💥"A Number Which is Staggering"💥
Exactech Inc., Publishers Clearing House, Fossil + Burger King Franchisee & More.
It’s a holiday today so let’s just get right into it, shall we? We’ve got an update and some new filings to add to the PETITION coverage universe. One note: the team dispersed ahead of the holiday weekend so if anything of note happened in any of the situations below after April 17, 2025, it may not be accounted for. Happy egg hunting!
⌚️Update: Fossil Group Inc. ($FOSL)⌚️
It’s been over a year since we first looked at the beleaguered and anemic watch brand, Fossil Group, Inc. ($FOSL) …
… though we did revisit it in July ‘24 here:
Since then, the TX-based FOSL has gone on to (i) report FY’24 results, (ii) appoint a new CEO, (iii) conclude a two-year-long restructuring initiative, and (iv) launch some questionable branding/product decisions, like appointing “global superstar” Nick Jonas as its ‘25 brand ambassador. Why style your man with a watch worn by, say, James Bond …
… when you can emasculate him with something worn by Nick f*cking Jonas?
As if that wasn’t bad enough, the company has also been busy with its proudly-announced “Fashion Jewelry of the Year Award” — won at a German jewelry convention — for this utter monstrosity:
Yes, take a moment.
That is, in fact, a watch ring.
Like, seriously.
It’s a watch … you wear … as a ring.
Here’s the men’s equivalent:
You are not crazy: that’s just plain dumb.
On the flip side, more recently FOSL launched a Minecraft collaboration (it’s a video game, ask your kids) which, given the Hollywood box office the past two weekends, may actually be a huge flex:
Why does all of this matter?