<ARTICLE> 5
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM PART IV ITEM
14 FINANCIAL STATEMENTS OF FOSSIL, INC. AND SUBSIDIARIES AS OF AND FOR THE
FIFTY-TWO WEEKS ENDED JANUARY 2, 1999 FILED ON FORM 10K AND IS QUALIFIED IN ITS
ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS.
</LEGEND>
       
                             
<PERIOD-TYPE>                   YEAR
<FISCAL-YEAR-END>                          JAN-02-1999
<PERIOD-START>                             JAN-04-1998
<PERIOD-END>                               JAN-02-1999
<CASH>                                      57,263,132
<SECURITIES>                                         0
<RECEIVABLES>                               49,446,607
<ALLOWANCES>                                 6,864,365
<INVENTORY>                                 57,294,668
<CURRENT-ASSETS>                           166,333,487
<PP&E>                                      36,771,041
<DEPRECIATION>                              13,654,203
<TOTAL-ASSETS>                             194,077,842
<CURRENT-LIABILITIES>                       57,293,933
<BONDS>                                              0
<PREFERRED-MANDATORY>                                0
<PREFERRED>                                          0
<COMMON>                                       209,321
<OTHER-SE>                                 134,919,473
<TOTAL-LIABILITY-AND-EQUITY>               194,077,842
<SALES>                                    304,743,425
<TOTAL-REVENUES>                           304,743,425
<CGS>                                      154,239,588
<TOTAL-COSTS>                              249,373,852
<OTHER-EXPENSES>                                     0
<LOSS-PROVISION>                             2,164,534
<INTEREST-EXPENSE>                             210,672
<INCOME-PRETAX>                             54,728,969
<INCOME-TAX>                                22,568,000
<INCOME-CONTINUING>                                  0
<DISCONTINUED>                                       0
<EXTRAORDINARY>                                      0
<CHANGES>                                            0
<NET-INCOME>                                32,160,969
<EPS-PRIMARY>                                     1.55
<EPS-DILUTED>                                     1.48