$FIT 5/4/16 were positive, raising guidance should bode well for $FOSL as well, showing the strength of the wearables market. $FIT a more narrow play on wearables than Fossil. The strength of $FOSL lays in their contracts to produce watches for other brands. Recent acquisition of Misfit could start paying dividends soon as they have the ability to transition their technology into watches of other brands, making any watch a smart watch. Secret wearable play.