<ARTICLE> 5
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL STATEMENTS OF FOSSIL, INC. AND
SUBSIDIARIES AS OF AND FOR THE SIX MONTH PERIOD ENDED JUNE 30, 1996 FILED ON
FORM 10Q AND IS PART QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL
STATEMENTS.
</LEGEND>
       
                             
<PERIOD-TYPE>                   6-MOS
<FISCAL-YEAR-END>                          DEC-31-1996
<PERIOD-START>                             JAN-01-1996
<PERIOD-END>                               JUN-30-1996
<CASH>                                       7,901,693
<SECURITIES>                                         0
<RECEIVABLES>                               33,470,528
<ALLOWANCES>                                 3,399,050
<INVENTORY>                                 45,601,956
<CURRENT-ASSETS>                            88,503,978
<PP&E>                                      23,264,576
<DEPRECIATION>                               6,649,779
<TOTAL-ASSETS>                             108,949,858
<CURRENT-LIABILITIES>                       36,280,325
<BONDS>                                              0
<PREFERRED-MANDATORY>                                0
<PREFERRED>                                          0
<COMMON>                                       131,897
<OTHER-SE>                                  65,817,001
<TOTAL-LIABILITY-AND-EQUITY>               108,949,858
<SALES>                                     88,147,304
<TOTAL-REVENUES>                            88,147,304
<CGS>                                       46,649,086
<TOTAL-COSTS>                               79,297,804
<OTHER-EXPENSES>                                     0
<LOSS-PROVISION>                               531,647
<INTEREST-EXPENSE>                             440,422
<INCOME-PRETAX>                              8,366,506
<INCOME-TAX>                                 3,442,000
<INCOME-CONTINUING>                                  0
<DISCONTINUED>                                       0
<EXTRAORDINARY>                                      0
<CHANGES>                                            0
<NET-INCOME>                                 4,924,506
<EPS-PRIMARY>                                      .37
<EPS-DILUTED>                                     0.00