Fossil Sets Ambitious Targets

Watchmaker, Fossil Inc, has set ambitious targets for its future growth. According to Reuters:

"The company said it expected Fossil brand sales to rise to $1.4 billion in 2012 from $735 million in 2007. Total net sales last year were $1.43 billion.

In its slide presentation, Fossil also indicated that it would increase its global store count to 700 in 2012 from 244 in 2007."

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