EXHIBIT 23.1 INDEPENDENT AUDITORS' CONSENT We consent to the incorporation by reference in Registration Statement No. 33- 65980 and Post-Effective Amendment No. 1 to Registration Statement No. 33-77526 on Form S-8 of our reports dated February 15, 1997, appearing in and incorporated by reference in the Annual Report on Form 10-K of Fossil, Inc. for the year ended December 31, 1996. /s/ DELOITTE & TOUCHE LLP DELOITTE & TOUCHE LLP Dallas, Texas March 28, 1997