The company is in talks with bankers to raise about $300 million to $400 million by selling a stake of as much as 25% in Fossil India Pvt. (Image: Bloomberg) Show Quick Read Summary is AI Generated. Newsroom Reviewed

Fossil Group Inc., the US-based luxury watchmaker, is considering an initial public offering of its Indian arm, according to people familiar with the matter, as the South Asian market for new listings heats up.

The company is in talks with bankers to raise about $300 million to $400 million by selling a stake of as much as 25% in Fossil India Pvt., the people said, asking not to be identified as the information is private.

Deliberations are ongoing so the size or timing of the offering could change, the people said. A Fossil Group spokesperson declined to comment.

The

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