The partnership will see the companies pool their resources to spot the emerging trends in wearable technology and develop products that will appeal to the "fashion-oriented" consumer.
Kosta Kartsotis, chief executive officer of Fossil Group, commented: "We are very excited about collaborating with Intel and working to develop the next innovation in the emerging wearable technology space. Combining our fashion lifestyle brands with Intel's expertise in technology, hardware and innovation will position us to be a leader in this segment."