Manufacturing

Fossil Group to Purchase Misfit for $260 Million

Watchmaker Fossil Group Inc. will be paying $260 million for the acquisition of startup Misfit Inc., which makes wearable fitness trackers. Based in Richardson, Texas, the Fossil Group has its brands Skagen and Fossil and also licenses a variety of others including some prominent names like DKNY, Diesel and Michael Kors. Co-founder and chief executive of Misfit, Sonny Vu, said…...
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Manufacturing

An Expert Guide To Buying Used Machinery For Your Startup Business

Image Source Does your business manufacture anything? If so, you will be aware of how much machinery will cost for your production areas. It’s no secret that manufacturing businesses cost a lot of money to set up. During such austere times, all startup businesses need to keep their spending down as much as possible. Your business will cost more money…...
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