<ARTICLE> 5 <LEGEND> This schedule contains summary financial information extracted from Part I item Financial Statements of Fossil, Inc. and Subsidiaries as of the twelve month period ended December 31, 1996 filed on Form 10K and is qualified in its entirety by reference to such financial statements. </LEGEND> <PERIOD-TYPE> 12-MOS <FISCAL-YEAR-END> DEC-31-1996 <PERIOD-START> JAN-01-1996 <PERIOD-END> DEC-31-1996 <CASH> 11,981,246 <SECURITIES> 0 <RECEIVABLES> 34,416,235 <ALLOWANCES> 4,163,271 <INVENTORY> 49,782,555 <CURRENT-ASSETS> 97,625,900 <PP&E> 24,389,156 <DEPRECIATION> 7,670,180 <TOTAL-ASSETS> 119,456,069 <CURRENT-LIABILITIES> 37,765,009 <BONDS> 0 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 132,430 <OTHER-SE> 74,435,604 <TOTAL-LIABILITY-AND-EQUITY> 119,456,069 <SALES> 205,899,262 <TOTAL-REVENUES> 205,899,262 <CGS> 107,861,291 <TOTAL-COSTS> 181,526,303 <OTHER-EXPENSES> 0 <LOSS-PROVISION> 1,424,243 <INTEREST-EXPENSE> 1,205,233 <INCOME-PRETAX> 23,040,107 <INCOME-TAX> 9,449,000 <INCOME-CONTINUING> 0 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 13,591,107 <EPS-PRIMARY> 1.02 <EPS-DILUTED> 0