02:46 PM EST, 11/10/2025 (MT Newswires) -- Fossil Group ( FOSL ) said Monday that its subsidiary, Fossil (UK) Global Services, has been granted an order from the High

Court of Justice of England and Wales sanctioning the restructuring plan over its 7.00% senior notes due 2026.

The plan will result in the cancellation of the notes in full, as well as the company's 9.500% first-out first lien secured senior notes due 2029 and 7.500% second-out second lien secured senior notes due 2029, the firm said.

"The High Court's decision...is an important and advanced step as we look to address Fossil's upcoming debt maturity and provide additional liquidity to support our turnaround plan," said CEO Franco Fogliato.

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