Fossil is exiting the smartwatch business

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Fossil is exiting the smartwatch business

January 27, 2024, 04:06 PM

Fossil announced the Wear OS-running Gen 6 smartwatch lineup back in August 2021. The company unveiled some Wellness Edition watches later but kept everyone waiting for the Gen 7, which we now learn is never coming since Fossil has confirmed it's leaving the smartwatch business.

â€œAs the smartwatch landscape has evolved significantly over the past few years, we have made the strategic decision to exit the smartwatch business. Fossil Group is redirecting resources to support our core strength and the core segments of our business that continue to provide strong growth opportunities for us:...

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