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Exhibit 21.1

Subsidiaries of Fossil, Inc.
as of December 29, 2012

Name of Subsidiary	Place of Incorporation		Parent Company	Percent Ownership
Fossil Intermediate, Inc.		Delaware	Fossil, Inc.		100
Fossil Stores I, Inc.		Delaware	Fossil, Inc.		100
Arrow Merchandising, Inc.		Texas	Fossil, Inc.		100
Fossil Canada, Inc.		Canada	Fossil, Inc.		100
Fossil Europe B.V.		the Netherlands	Fossil, Inc.		100
Fossil Japan, Inc		Japan	Fossil, Inc.		100
Fossil Holdings, LLC		Delaware	Fossil, Inc.		100
Fossil (Gibraltar) Ltd.		Gibraltar	Fossil, Inc.		100
Fossil International Holdings, Inc.		Delaware	Fossil, Inc.		100
Fossil (East) Limited		Hong Kong	Fossil, Inc.		100
Swiss Technology Holding GmbH		Switzerland	Fossil, Inc.		100
Fossil Trust		Delaware	Fossil Intermediate, Inc.		100
Fossil Holdings LLC Luxembourg, SCS		Luxembourg	Fossil, Inc.		100
Fossil Partners, L.P.		Texas	Fossil Trust		99
Fossil Mexico, S.A. de C.V.		Mexico	Fossil International Holdings, Inc.		100
Servicios Fossil Mexico, S.A. de C.V.		Mexico	Fossil International Holdings, Inc.		100
Fossil Luxembourg Sarl		Luxembourg	Fossil Holdings LLC Luxembourg, SCS		100
Pulse Time Center Company, Ltd.		Hong Kong	Fossil (East) Limited		96
Fossil (Hong Kong) Ltd		Hong Kong	Fossil (East) Limited		100
Fossil Singapore Pte. Ltd.		Singapore	Fossil (East) Limited		100
FDT, Ltd.		Hong Kong	Fossil (East) Limited		51
Fossil (Australia) Pty Ltd.		Australia	Fossil (East) Limited		100
Fossil Time Malaysia Sdn. Bhd.		Malaysia	Fossil (East) Limited		100
Fossil Industries Ltd.		Hong Kong	Fossil (East) Limited		100
Fossil Trading (Shanghai) Company Ltd.		China	Fossil (East) Limited		100
Fossil (Asia) Holdings Ltd.		Hong Kong	Fossil (East) Limited		100
Fossil (Korea) Limited		Korea	Fossil (East) Limited		100
Fossil India Private Ltd.		India	Fossil (East) Limited		99
Trylink International Ltd.		Hong Kong	Fossil (East) Limited		85

Name of Subsidiary	Place of Incorporation		Parent Company	Percent Ownership
Fossil (Newtime) Limited		Hong Kong	Fossil (East) Limited		100
MW (Asia) Limited		Hong Kong	Fossil (East) Limited		100
Fossil Asia Pacific Ltd.		Hong Kong	Fossil (East) Limited		100
Fossil Commercial (Shanghai) Company Ltd.		China	Fossil (East) Limited		100
Fossil Service (Shenzhen) Co. Ltd.		China	Fossil (East) Limited		100
Skagen Designs, Ltd.		Hong Kong	Fossil (East) Limited		100
Shanghai Fossil Retail Co. Ltd.		China	Fossil (East) Limited		100
Fossil (New Zealand) Limited		New Zealand	Fossil (Australia) Pty Ltd.		100
Fossil Retail Stores (Australia) Pty. Ltd.		Australia	Fossil (Australia) Pty Ltd.		100
Fossil Management Services Pty. Ltd.		Australia	Fossil (Australia) Pty Ltd.		100
Pulse Time Center (Shenzhen) Co. Ltd.		China	Pulse Time Center Company, Ltd.		100
Fossil (Macau) Limited		Macau	Fossil (Hong Kong) Ltd		100
Fossil Europe GmbH		Germany	Fossil Europe B.V.		100
Fossil Italia, S.r.l.		Italy	Fossil Europe B.V.		100
GUM S.A.		France	Fossil Europe B.V.		100
Fossil S.L.		Spain	Fossil Europe B.V.		50
Fossil U.K. Holdings Ltd.		United Kingdom	Fossil Europe B.V.		100
FESCO GmbH		Germany	Fossil Europe B.V.		100
Fossil Switzerland GmbH		Switzerland	Fossil Europe B.V.		100
Fossil (Austria) GmbH		Austria	Fossil Europe B.V.		100
Fossil Sweden AB		Sweden	Fossil Europe B.V.		100
Fossil Stores Belgium BVBA		Belgium	Fossil Europe B.V.		100
Fossil Stores Spain SL		Spain	Fossil Europe B.V.		100
Fossil Belgium BVBA		Belgium	Fossil Europe B.V.		100
Skagen Designs A/S		Denmark	Fossil Europe B.V.		100
Fossil France SA		France	GUM, SA		100
Logisav Sarl		France	Fossil France SA		100
Fossil Norway AS		Norway	Fossil Sweden AB		100
Fossil Denmark A/S		Denmark	Fossil Sweden AB		100
Fossil Stores France SAS		France	Fossil France SA		100
Fossil Stores S.r.l.		Italy	Fossil Italia, S.r.l.		100
Fossil U.K. Ltd.		United Kingdom	Fossil U.K. Holdings Ltd.		100

Name of Subsidiary	Place of Incorporation		Parent Company	Percent Ownership
Montres Antima SA		Switzerland	Swiss Technology Holding GmbH		100
Skagen Designs Retail U.K. Ltd.		United Kingdom	Fossil U.K. Holdings Ltd.		100
In Time-Portugal		Portugal	Fossil S.L.		100
Fossil Group Europe, GmbH		Switzerland	Swiss Technology Holding GmbH		100
Fossil Management GmbH		Switzerland	Swiss Technology Holding GmbH		100
Fossil China Sourcing		China	Fossil Group Europe GmbH		99
Swiss Technology Components AG		Switzerland	Swiss Technology Holding GmbH		100
Swiss Technology Production SA		Switzerland	Swiss Technology Holding GmbH		51

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Subsidiaries of Fossil, Inc. as of December 29, 2012