Fossil Group Welcomes New Leaders to Drive Business Turnaround and Growth Strategy
Fossil Group, Inc., a well-known name in the lifestyle accessories market, has made a strategic move by appointing two industry veterans to its executive team. As of February 12, 2025, Joe Martin will take on the role of Chief Commercial Officer, while Antonio Carriero will join as Chief Digital Information Officer and General Manager for EMEA, effective February 17, 2025. These appointments signify Fossil's commitment to enhancing its market position and achieving long-term growth.
Joe Martin's Impressive Background
Martin comes to Fossil after a successful tenure at Adidas, where he served as Senior Vice President of Wholesale, Team Services, and Omni Operations for North America. His experience is marked by dynamic leadership characterized by significant turnaround strategies that improved Adidas's global standing, particularly in North America. Moreover, Martin has held influential sales leadership roles at renowned companies like 3M, marking a career that showcases his capability in shaping integrated sales strategies, financial planning, and customer success. Upon his appointment, Martin expressed excitement about joining a "iconic global brand" and emphasized his goal to create long-term value for stakeholders.
Antonio Carriero's Digital Expertise
On the other hand, Carriero arrives at Fossil with an impressive track record in digital transformation within the luxury and consumer goods sectors. Serving most recently as the Chief Digital and Information Officer at Salomon, he made significant contributions to develop IT and digital capabilities with a keen emphasis on boosting e-commerce. Additionally, Carriero held high-ranking positions at Breiting SA and Richemont Group, where he advanced digital strategies and drove technological innovation. Upon his new journey at Fossil, he expressed his eagerness to work alongside talented teams to accelerate growth and influence meaningful change within the organization.
Fossil's Commitment to Growth and Transformation
The appointments of Martin and Carriero are considered pivotal in Fossil's strategy to transform its operations and improve its business performance. Chief Executive Officer Franco Fogliato highlighted their exceptional expertise and past records in producing sustainable results as key advantages that align with the company’s goals. Their leadership roles will focus on revitalizing Fossil's commercial strategies and enhancing its digital innovation capabilities, thus setting the stage for a more robust market presence.
Looking Ahead
With new leadership in place, Fossil Group aims to not only regain its footing in the competitive accessories market but also establish itself as a forward-thinking company that adapts to changing consumer preferences and technological advancements. Both Martin and Carriero's unique backgrounds position them perfectly to navigate the complexities of the modern consumer landscape, ensuring that Fossil continues to thrive.
Fossil Group is renowned for its innovative lifestyle accessories and offers a diversified portfolio of owned and licensed brands, including Fossil, Michele, Relic, Skagen, and Zodiac. Committed to exceptional design and quality, Fossil operates on a global scale with a broad distribution network. As they embark on this critical phase of renewal and growth, the industry will be watching closely to see how these appointments will impact Fossil’s trajectory against the backdrop of evolving market dynamics.
Joe Martin's Impressive Background
Martin comes to Fossil after a successful tenure at Adidas, where he served as Senior Vice President of Wholesale, Team Services, and Omni Operations for North America. His experience is marked by dynamic leadership characterized by significant turnaround strategies that improved Adidas's global standing, particularly in North America. Moreover, Martin has held influential sales leadership roles at renowned companies like 3M, marking a career that showcases his capability in shaping integrated sales strategies, financial planning, and customer success. Upon his appointment, Martin expressed excitement about joining a "iconic global brand" and emphasized his goal to create long-term value for stakeholders.
Antonio Carriero's Digital Expertise
On the other hand, Carriero arrives at Fossil with an impressive track record in digital transformation within the luxury and consumer goods sectors. Serving most recently as the Chief Digital and Information Officer at Salomon, he made significant contributions to develop IT and digital capabilities with a keen emphasis on boosting e-commerce. Additionally, Carriero held high-ranking positions at Breiting SA and Richemont Group, where he advanced digital strategies and drove technological innovation. Upon his new journey at Fossil, he expressed his eagerness to work alongside talented teams to accelerate growth and influence meaningful change within the organization.
Fossil's Commitment to Growth and Transformation
The appointments of Martin and Carriero are considered pivotal in Fossil's strategy to transform its operations and improve its business performance. Chief Executive Officer Franco Fogliato highlighted their exceptional expertise and past records in producing sustainable results as key advantages that align with the company’s goals. Their leadership roles will focus on revitalizing Fossil's commercial strategies and enhancing its digital innovation capabilities, thus setting the stage for a more robust market presence.
Looking Ahead
With new leadership in place, Fossil Group aims to not only regain its footing in the competitive accessories market but also establish itself as a forward-thinking company that adapts to changing consumer preferences and technological advancements. Both Martin and Carriero's unique backgrounds position them perfectly to navigate the complexities of the modern consumer landscape, ensuring that Fossil continues to thrive.
Fossil Group is renowned for its innovative lifestyle accessories and offers a diversified portfolio of owned and licensed brands, including Fossil, Michele, Relic, Skagen, and Zodiac. Committed to exceptional design and quality, Fossil operates on a global scale with a broad distribution network. As they embark on this critical phase of renewal and growth, the industry will be watching closely to see how these appointments will impact Fossil’s trajectory against the backdrop of evolving market dynamics.
Topics Consumer Products & Retail）
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