Fossil appoints Susie Coulter to board

By

Jennifer Braun

Published
Dec 7, 2022

Richardson, Texas-based accessories company Fossil Group announced on Tuesday the appointment of beauty and fashion executive Suzanne Coulter to the company's board of directors, effective immediately. 

Backed by almost 25 years of leadership within the retail, beauty and fashion industries, Coulter is currently the CEO of her own entrepreneurial venture, Arq Botanics, an all-natural personal care company.

Prior to this, Coulter served in senior leadership roles at Victoria's Secret & Co. and Ralph Lauren Corporation, as well as held positions at Harrods, House of Fraser, and the Edgars Group. She also currently sits on the board of directors of Abercrombie & Fitch Co., where she serves as chair of the environmental, social and governance committee.

As president of the beauty division at Victoria's Secret, she led and oversaw the company's line of fragrances, lotions, cosmetics and other beauty products. Likewise, at Ralph Lauren, she served as president of US retail, overseeing the merchandising, management, operations and marketing of Ralph Lauren's Polo stores in the U.S.  

"Susie's immense retail background, from corporate leadership and entrepreneurship to more specific expertise in retail strategy, operations, merchandising and supply chain, will be invaluable to our Board of Directors," said Kosta N. Kartsotis, chairman and chief executive officer of Fossil Group. 

"We look forward to having her join our board and the impact her decades of retail, fashion and beauty experience will have on the Fossil Group business."

The appointment expands the size of the board of directors to eight members, including seven independent directors.

"I have always been drawn to brands like Fossil that have a strong heritage and a proven ability to keep a finger on the pulse of the consumer. It is an honor to join the Fossil Group Board and such a talented group of directors. I am incredibly excited to have the opportunity to contribute and support the company in the next phase of growth," added Coulter.