Fossil (FOSL) moves up 3.1% premarket as the company's Q4 report shows strong demand for its...

|By:, SA News Editor

Fossil (FOSL) moves up 3.1% premarket as the company's Q4 report shows strong demand for its expanding portfolio of watches and accessories. The retailer got a nice little during the quarter from its Skagen brand which was acquired last year. During its earnings call (webcast), execs said they expect the double-digit growth in Fossil's watch business to continue as it strives to take market share even higher. No hints of any concern over Apple's rumored iWatch.