Steven Alan Sells Minority Stake

April 29, 2011 BY CAPSULESNEWS

Steven Alan is making moves! In keeping with his brand's growth and expansion, he recently sold the minority stake in his namesake company to Tom Karsotis. Mr. Karsotis, the founder and former chief executive officer of Fossil Inc., and Mr. Alan met and connected on the future and potential for Steven Alan. We're really curious to see how this plays out. Only time will tell.