Fossil Group shares plunge14% after mixed Q3 results

Fossil Group's recent 14% drop in share price after mixed Q3 results underscores the challenges the company faces in a volatile market. This decline comes amid broader restructuring efforts, including a US court-approved plan for UK operations and the completion of a debt restructuring that canceled $150 million in notes. These strategic moves aim to stabilize the company as it navigates a difficult retail landscape, reflecting a trend among brands to adapt to changing consumer demands and economic pressures.