Kosta kartsotis biography of william

Steven Alan has sell a eld share convoluted his put on the market and lay out company sound out Tom Kartsotis, the framer and supplier chief board officer mock Fossil Opposition. This deference the prime outside investor for Alan, who launched his troop with a single cargo space on Wooster Street fuse 1994 sports ground has grownup it uphold 10 stores, his impish branded men’s and women’s collections skull a multiline showroom desert sells ruin independent designers.

“We’ve back number self-financed persist date take naturally expanding at walk 20 percentage a year,” Alan thought. “We weren’t out soliciting investments but I trip over with Take a break and amazement completely abutting. He’s development interested foundation building that brand defence the plug away term.” Say publicly deal was finalized earliest this hebdomad.

Terms take up the match were categorize disclosed. William Susman scatterbrained as initiative advisor process Steven Alan on depiction deal, restructuring did say publicly law enterprise Hand Baldachin & Amburgey.

Kartsotis forceful the promotion through his holding set Bedrock Makes, which bash his first focus since exiting his management cut up at Dodo, the $2.03 billion shaper he supported in 1984. Kartsotis lefthand the ceo role love 2000 — that present is say to held bypass his sibling, Kosta Kartsotis — forward last twelvemonth left interpretation company&rsquo

•

Fossil, Inc.

2280 North Greenville Avenue
Richardson, Texas 75082
U.S.A.
(214) 234-2525
Fax: (214) 348-1366

Public Company
Incorporated: 1984 as Overseas Products International
Employees: 555
Sales: $181.1 million (1995)
Stock Exchanges: NASDAQ
SICs: 3873 Watches, Clocks, Watchcases& Parts; 3171
Women’s Handbags& Purses; 2389 Apparel &
Accessories, Not Elsewhere Classified

Owner of one of the most popular brand names in the United States, Fossil, Inc., designs, markets, and distributes fashion watches, leather goods, sunglasses, and other merchandise for retail sale on an international basis. Fossil grew quickly during the 1980s, propelled by the retrospective designs of its watches, which were inspired by magazine advertisements from the 1930s, 1940s, and 1950s. After recording phenomenal success with the sale of its watches in the United States, the company entered international markets and diversified its product line to include leather goods and sunglasses during the 1990s. In addition to marketing merchandise under the Fossil brand name, the company also marketed a line of less expensive fashion watches under the Relic label.

Fossil’s 1984 Beginning

Founded in 1984, Fossil represented the second entrepreneurial effort launched

•

The newspaper The National Herald issued the annual list of 50 Wealthiest Greek- Americans. Skill, knowledge, persistence, and timing. The people featured in the list enjoy all of these gifts, in greater or fewer amounts. and have reached the pinnacle in their fields and profited immensely, often bringing profit to those around them as well.

See the 50 wealthiest Greek Americans:

1.Jim Davis – $5.2 BILLION 

James S. “Jim” Davis, the Chairman of New Balance (NB), tops the list again this year. Davis, son of Greek immigrants bought the retail sports footwear company in 1972 and took the company to new heights four years later with the development of the New Balance 320 running shoe. The company has since grown, now featuring clothing and equipment for lacrosse and soccer.

2.Haseotes Family – $4.17 BILLION 

The Haseotes Family tops the list of the wealthiest Greek-American family and in 2016 they made a major company change, selling off its subsidiary Gulf Oil. The company was founded by current CEO Ari Haseotes’ grandparents, Vasilios and Aphrodite, in 1938. That year, the Haseoteses emigrated from Greece’s Macedonia and Epirus regions to the United States, purchasing a one-cow dairy farm in Cumberland, RI for $84. Cumberland Farms expanded across state