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Pay vs Performance Disclosure - USD ($)
 4 Months Ended 6 Months Ended 12 Months Ended 24 Months Ended
Dec. 28, 2024
Sep. 18, 2024
Dec. 28, 2024
Dec. 30, 2023
Dec. 31, 2022
Dec. 28, 2024
Pay vs Performance Disclosure            
Pay vs Performance Disclosure, Table    

PAY VERSUS PERFORMANCE

 

Fiscal
Year

 

Summary
Compensation
Table Total for
PEO Kosta N.
Kartsotis

Compensation
Actually Paid
to PEO
Kosta N.
Kartsotis

Summary
Compensation
Table Total for
PEO Fogliato
Franco

Compensation
Actually Paid
to PEO
Fogliato
Franco

Summary
Compensation
Table Total for
PEO Boyer
Jeffrey N

Compensation
Actually Paid
to PEO
Boyer
Jeffrey N

Average
Summary
Compensation
Table Total for
non-PEO NEOs

Average
Compensation
Actually Paid
to non-PEO
NEOs

FOSL
Total
Shareholder
Return

Net
Income
($M)

(a)

 

(b)

(c)

(d)

(e)

(f)

(g)

(h)

(i)

(j)

(k)

2024

 

$

1,161,703

 

 

$

1,161,703

 

 

$

4,572,040

 

 

$

5,614,540

 

 

$

1,359,664

 

 

$

1,444,996

 

 

$

1,016,294

 

 

$

985,701

 

 

$

18

 

 

$

(106

)

 

2023

 

$

1,450,942

 

 

$

1,450,942

 

 

$

—

 

 

$

—

 

 

$

—

 

 

$

—

 

 

$

1,250,581

 

 

$

712,032

 

 

$

14.19

 

 

$

(156.7

)

 

2022

 

$

—

 

 

$

—

 

 

$

—

 

 

$

—

 

 

$

—

 

 

$

—

 

 

$

1,509,719

 

 

$

553,910

 

 

$

41.89

 

 

$

(43.5

)

 

 

Columns (b) and (c). Mr. Kartsotis did not receive any compensation from the Company in fiscal year 2022 and Mr. Kartsotis has not been granted stock or option awards in any of the relevant fiscal years. Therefore, no adjustments to total compensation, as reported in the Summary Compensation Table (“SCT”), are required with respect to Mr. Kartsotis.

 

Columns (d) and (e). Mr. Fogliato joined the Company in September 2024.

 

Columns (f) and (g). Mr. Boyer served as Interim Chief Executive Officer from March 13, 2024 until September 18, 2024.

Columns (h) and (i). The following non-PEO NEOs are included in the average figures in Columns (h) and (i):

2022: Messrs. Boyer, Doshi, Hart and McKelvey

2023: Messrs. Boyer, Hart and McKelvey

2024: Messrs. Hart, McKelvey, Skobe and Ms. Lowenkron

The amounts shown in columns (c), (e), (g) and (i) do not reflect the actual amount of compensation earned by or paid to our NEOs during the applicable years. For information regarding the decisions made by our Compensation and Talent Management Committee in regard to the NEOs’ compensation for each fiscal year, please see (i) the Executive Compensation section of this Proxy Statement for fiscal year 2024 and the Executive Compensation section of the proxy statement for fiscal year 2023 and (ii) the Compensation Discussion and Analysis section of the proxy statement for fiscal year 2022.

Column (e). Reflects the “compensation actually paid” to Mr. Fogliato in 2024, as determined in accordance with SEC rules. Such amounts were computed by making the following adjustments to total compensation, as reported in the SCT, for 2024:

Amounts subtracted from the SCT total to calculate Compensation Actually Paid to Mr. Fogliato for 2024: include ($1,792,500) for the grant fair value of stock awards granted in 2024. Amounts added to (or subtracted from) the SCT total for 2024 also include: $2,835,000 for the fair value of stock awards that were granted in 2024 and remain outstanding at the end of the year.

Column (g). Reflects the “compensation actually paid” to Mr. Boyer in 2024, as determined in accordance with SEC rules. Such amounts were computed by making the following adjustments to total compensation, as reported in the SCT, for 2024:

Amounts subtracted from the SCT total to calculate Compensation Actually Paid to Mr. Boyer for 2024: include ($72,061) for the grant fair value of stock awards granted in 2024. Amounts added to (or subtracted from) the SCT total for 2024 also include: $166,716 for the fair value of stock awards that were granted in 2024 and remain outstanding at the end of the year; $41,461 for the change in fair value of stock awards that were granted in prior years and are still outstanding at the end of 2024; and ($50,784) for the change in fair value of stock awards that were granted in prior years and vested during 2024.

Column (i). Reflects the average “compensation actually paid” for our non-PEO NEOs in each of 2024, 2023 and 2022, as determined in accordance with SEC rules. Such amounts were computed by making the following adjustments to total compensation, as reported in the SCT, for each year:

Amounts subtracted from the average SCT total to calculate Average Compensation Actually Paid to the Non-PEO NEOs for the years 2024, 2023 and 2022, respectively, include ($16,709), ($327,913), and ($671,697) for the average date of grant fair value of stock awards granted in the fiscal year. Amounts added to (or subtracted from) the Average SCT for the years 2024, 2023 and 2022, respectively, also include: $16,864, $121,983 and $226,683 for the average fair value of stock awards that were granted in the year and remain outstanding at the end of the year; $12,435, ($167,878) and ($617,951) for the average change in fair value of stock awards that were granted in prior years and are still outstanding at the end of each respective year; ($29,837), ($132,169) and $107,155 for the average change in fair value of stock awards that were granted in prior years and vested during each respective year; ($13,347), $0 and $0 for the average fair value at the end of the prior fiscal year of any awards grants in prior years that failed to meet the vesting conditions during the fiscal year.

Column (j). For the relevant fiscal year, represents the cumulative total shareholder return (“TSR”) of the Company for the measurement periods ended on the last day of each of fiscal years 2024, 2023 and 2022, respectively.

Column (k). Reflects “Net Income” in the Company’s Consolidated Income Statements included in the Company’s Annual Reports on Form 10-K for fiscal years 2024, 2023 and 2022.

     
Named Executive Officers, Footnote    

Columns (b) and (c). Mr. Kartsotis did not receive any compensation from the Company in fiscal year 2022 and Mr. Kartsotis has not been granted stock or option awards in any of the relevant fiscal years. Therefore, no adjustments to total compensation, as reported in the Summary Compensation Table (“SCT”), are required with respect to Mr. Kartsotis.

 

Columns (d) and (e). Mr. Fogliato joined the Company in September 2024.

 

Columns (f) and (g). Mr. Boyer served as Interim Chief Executive Officer from March 13, 2024 until September 18, 2024.

Columns (h) and (i). The following non-PEO NEOs are included in the average figures in Columns (h) and (i):

2022: Messrs. Boyer, Doshi, Hart and McKelvey

2023: Messrs. Boyer, Hart and McKelvey

2024: Messrs. Hart, McKelvey, Skobe and Ms. Lowenkron

The amounts shown in columns (c), (e), (g) and (i) do not reflect the actual amount of compensation earned by or paid to our NEOs during the applicable years. For information regarding the decisions made by our Compensation and Talent Management Committee in regard to the NEOs’ compensation for each fiscal year, please see (i) the Executive Compensation section of this Proxy Statement for fiscal year 2024 and the Executive Compensation section of the proxy statement for fiscal year 2023 and (ii) the Compensation Discussion and Analysis section of the proxy statement for fiscal year 2022.

     
Peer Group Issuers, Footnote    

Column (j). For the relevant fiscal year, represents the cumulative total shareholder return (“TSR”) of the Company for the measurement periods ended on the last day of each of fiscal years 2024, 2023 and 2022, respectively.

Column (k). Reflects “Net Income” in the Company’s Consolidated Income Statements included in the Company’s Annual Reports on Form 10-K for fiscal years 2024, 2023 and 2022.

     
Adjustment To PEO Compensation, Footnote    

Column (e). Reflects the “compensation actually paid” to Mr. Fogliato in 2024, as determined in accordance with SEC rules. Such amounts were computed by making the following adjustments to total compensation, as reported in the SCT, for 2024:

Amounts subtracted from the SCT total to calculate Compensation Actually Paid to Mr. Fogliato for 2024: include ($1,792,500) for the grant fair value of stock awards granted in 2024. Amounts added to (or subtracted from) the SCT total for 2024 also include: $2,835,000 for the fair value of stock awards that were granted in 2024 and remain outstanding at the end of the year.

Column (g). Reflects the “compensation actually paid” to Mr. Boyer in 2024, as determined in accordance with SEC rules. Such amounts were computed by making the following adjustments to total compensation, as reported in the SCT, for 2024:

Amounts subtracted from the SCT total to calculate Compensation Actually Paid to Mr. Boyer for 2024: include ($72,061) for the grant fair value of stock awards granted in 2024. Amounts added to (or subtracted from) the SCT total for 2024 also include: $166,716 for the fair value of stock awards that were granted in 2024 and remain outstanding at the end of the year; $41,461 for the change in fair value of stock awards that were granted in prior years and are still outstanding at the end of 2024; and ($50,784) for the change in fair value of stock awards that were granted in prior years and vested during 2024.

      
Non-PEO NEO Average Total Compensation Amount     $ 1,016,294 $ 1,250,581 $ 1,509,719  
Non-PEO NEO Average Compensation Actually Paid Amount     $ 985,701 712,032 553,910  
Adjustment to Non-PEO NEO Compensation Footnote    

Column (i). Reflects the average “compensation actually paid” for our non-PEO NEOs in each of 2024, 2023 and 2022, as determined in accordance with SEC rules. Such amounts were computed by making the following adjustments to total compensation, as reported in the SCT, for each year:

Amounts subtracted from the average SCT total to calculate Average Compensation Actually Paid to the Non-PEO NEOs for the years 2024, 2023 and 2022, respectively, include ($16,709), ($327,913), and ($671,697) for the average date of grant fair value of stock awards granted in the fiscal year. Amounts added to (or subtracted from) the Average SCT for the years 2024, 2023 and 2022, respectively, also include: $16,864, $121,983 and $226,683 for the average fair value of stock awards that were granted in the year and remain outstanding at the end of the year; $12,435, ($167,878) and ($617,951) for the average change in fair value of stock awards that were granted in prior years and are still outstanding at the end of each respective year; ($29,837), ($132,169) and $107,155 for the average change in fair value of stock awards that were granted in prior years and vested during each respective year; ($13,347), $0 and $0 for the average fair value at the end of the prior fiscal year of any awards grants in prior years that failed to meet the vesting conditions during the fiscal year.

     
Compensation Actually Paid vs. Total Shareholder Return    

img225764715_4.jpg

      
Compensation Actually Paid vs. Net Income    

img225764715_5.jpg

      
Total Shareholder Return Amount     $ 18 14.19 41.89  
Net Income (Loss)     (106,000,000) (156,700,000) (43,500,000)  
PEO Name Mr. Fogliato Mr. Boyer       Mr. Kartsotis
Kosta N. Kartsotis [Member]            
Pay vs Performance Disclosure            
PEO Total Compensation Amount     1,161,703 1,450,942 0  
PEO Actually Paid Compensation Amount     1,161,703 1,450,942 0  
Foligato Franco [Member]            
Pay vs Performance Disclosure            
PEO Total Compensation Amount     4,572,040 0 0  
PEO Actually Paid Compensation Amount     5,614,540 0 0  
Boyer Jeffrey N [Member]            
Pay vs Performance Disclosure            
PEO Total Compensation Amount     1,359,664 0 0  
PEO Actually Paid Compensation Amount     1,444,996 0 0  
PEO | Foligato Franco [Member] | Year-end Fair Value of Equity Awards Granted in Covered Year that are Outstanding and Unvested            
Pay vs Performance Disclosure            
Adjustment to Compensation, Amount     (1,792,500)      
PEO | Foligato Franco [Member] | Year-over-Year Change in Fair Value of Equity Awards Granted in Prior Years That are Outstanding and Unvested            
Pay vs Performance Disclosure            
Adjustment to Compensation, Amount     2,835,000      
PEO | Boyer Jeffrey N [Member] | Year-end Fair Value of Equity Awards Granted in Covered Year that are Outstanding and Unvested            
Pay vs Performance Disclosure            
Adjustment to Compensation, Amount     (72,061)      
PEO | Boyer Jeffrey N [Member] | Year-over-Year Change in Fair Value of Equity Awards Granted in Prior Years That are Outstanding and Unvested            
Pay vs Performance Disclosure            
Adjustment to Compensation, Amount     166,716      
PEO | Boyer Jeffrey N [Member] | Vesting Date Fair Value of Equity Awards Granted and Vested in Covered Year            
Pay vs Performance Disclosure            
Adjustment to Compensation, Amount     41,461      
PEO | Boyer Jeffrey N [Member] | Prior Year End Fair Value of Equity Awards Granted in Any Prior Year that Fail to Meet Applicable Vesting Conditions During Covered Year            
Pay vs Performance Disclosure            
Adjustment to Compensation, Amount     (50,784)      
Non-PEO NEO | Equity Awards Adjustments            
Pay vs Performance Disclosure            
Adjustment to Compensation, Amount     (16,709) (327,913) (671,697)  
Non-PEO NEO | Year-end Fair Value of Equity Awards Granted in Covered Year that are Outstanding and Unvested            
Pay vs Performance Disclosure            
Adjustment to Compensation, Amount     (29,837) (132,169) 107,155  
Non-PEO NEO | Year-over-Year Change in Fair Value of Equity Awards Granted in Prior Years That are Outstanding and Unvested            
Pay vs Performance Disclosure            
Adjustment to Compensation, Amount     12,435 (167,878) (617,951)  
Non-PEO NEO | Vesting Date Fair Value of Equity Awards Granted and Vested in Covered Year            
Pay vs Performance Disclosure            
Adjustment to Compensation, Amount     16,864 121,983 226,683  
Non-PEO NEO | Prior Year End Fair Value of Equity Awards Granted in Any Prior Year that Fail to Meet Applicable Vesting Conditions During Covered Year            
Pay vs Performance Disclosure            
Adjustment to Compensation, Amount     $ (13,347) $ 0 $ 0