Wearables not delivering needed sales for Fossil
August 10, 2017
Fossil Group reported a 13 percent decline in sales during the second quarter as sales of the company’s smartwatch models and hybrid analog watches failed to take off as expected. CEO Kosta Kartsotis said the company remains confident that technology will enable the company to turn the current “headwinds” it is facing into “tailwinds.”
Recent News
NHTSA Investigates Tesla Autopilot Again After Recent Software Update
Tesla Autopilot is once again the subject of an NHTSA investigation.
Home Depot Holds Halfway to Halloween Sale: Skelly’s Back
It’s halfway to spooky season, and Home Depot is celebrating.
Kaiser Discloses Health Insurance Data Breach
Health insurance company Kaiser is notifying millions of its current and former members about a data breach. The breach occurred when Kaiser shared patients’ information with third-party advertisers like Google, Microsoft, and X (formerly Twitter).
Satirical Site The Onion Acquired by Global Tetrahedron
The satirical news website, The Onion, has been sold by G/O Media to a group of digital media veterans.