Fossil Group Inc
For the period ended Dec 28, 2024. Filed Mar 12, 2025.
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FY2024 · Filed Mar 12, 2025
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Item 2. Properties
Company Facilities
As of the end of fiscal year 2024, we owned or leased the following material facilities in connection with our U.S. and international operations:
| Location | Use | ApproximateSquareFootage | Owned / Leased |
|---|---|---|---|
| Eggstätt, Germany | Office, warehouse and distribution | 383,000 | Owned |
| Richardson, Texas | Corporate headquarters | 383,000 | Lease expiring in 2036 |
| Dallas, Texas | Office, warehouse and distribution | 518,000 | Lease expiring in 2026 |
| Hong Kong SAR | Warehouse and distribution | 171,000 | Lease expiring in 2027 |
| Hong Kong SAR | Asia headquarters | 40,000 | Lease expiring in 2026 |
| Basel, Switzerland | Europe headquarters | 115,000 | Lease expiring in 2036 |
| Bangalore, India | Office | 58,000 | Lease expiring in 2025 |
| Nalagarh, India | Factory | 40,000 | Lease expiring in 2025 |
Retail Store Facilities
As of the end of fiscal year 2024, we had 246 lease agreements for retail space for the sale of our products. The leases, including renewal options, expire at various times through 2036. The leases provide for minimum annual rentals and, in certain cases, for the payment of additional rent when sales exceed specified net sales amounts. We are also generally required to pay our pro rata share of common area maintenance costs, real estate taxes, insurance, maintenance expenses and utilities.
We believe that our material existing facilities are well maintained, in good operating condition, and are adequate for our needs.
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.