Fossil Group has secured the UK distribution rights to Kate Spade New York Watches after Inter City Watches launched the brand in the UK.
Fossil Group last year signed a global licensing agreement for the design, development and distribution of Kate Spade New York watches through to 2025.
Rachel Costello, head of trade marketing for Fossil Group, said: “Fossil Group are so excited to be partnering with Kate Spade New York. The new season watches encompass key design features from Kate Spade New York, and we are excited to be part of this relationship and design process.”
The massive watch group will begin distributing the Kate Spade New York assortment through its extensive network of retailers in the UK this month with new designs already available through Watch Station International at House of Fraser.
The SS 2016 collection is the first to be designed and developed by Fossil Group in collaboration with Kate Spade New York.
Craig A. Leavitt, chief executive officer of Kate Spade & Company, added: “It is clear that Fossil Group shares our passion for creative design and quality craftsmanship, and we are confident they are the right partner as we expand this important, elastic category. Our agreement supports Kate Spade & Company’s long-term growth strategy of pursuing a partnered approach to product category expansion to drive licensing revenue and expand margins. We look forward to building a strong relationship as we benefit from Fossil Group’s significant experience in scalable watch production and their extensive global distribution.”