Subsidiaries of Fossil, Inc.
as of January 3, 1998
Place Percent
Name of Subsidiary of Incorporation Parent Company Ownership
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Fossil Intermediate, Inc. Delaware Fossil, Inc. 100
Fossil Stores I, Inc. Delaware Fossil, Inc. 100
Fossil New York, Inc. Delaware Fossil, Inc. 100
Arrow Merchandising, Inc. Texas Fossil, Inc. 100
Fossil East Limited Hong Kong Fossil, Inc. 100
Fossil Europe B.V. The Netherlands Fossil, Inc. 100
Fossil Japan, K.K. Japan Fossil, Inc. 81
Fossil Trust Delaware Fossil Intermediate, Inc. 100
Fossil Stores II, Inc. Delaware Fossil Stores I, Inc. 100
Newtime, Ltd. Hong Kong Fossil East, Ltd. 100
Pulse Time Center Company, Ltd. Hong Kong Fossil East, Ltd. 60
Amazing Time, Ltd. Hong Kong Fossil East, Ltd. 100
Fossil Trading, Ltd. Hong Kong Fossil East, Ltd. 100
Trylink International, Ltd. Hong Kong Fossil East, Ltd. 51
Fossil Europe GmbH Germany Fossil Europe B.V. 100
Fossil Italia, S.r.l. Italy Fossil Europe B.V. 100
Fossil France Eurl, S.a.r.l. France Fossil Europe B.V. 100
Fossil (U.K.) Ltd. England Fossil Europe B.V. 100
Fossil Spain, S.A. Spain Fossil Europe B.V. 100