The China Edit is a weekly curation of the most important fashion business news and analysis from and about the world’s largest luxury market.
For fashion brands, watches have emerged as a key vector of growth, often powered by licensing deals with Fossil Group, a watchmaking behemoth that designs, manufactures, distributes and markets million of watches per year.
Bits & Bytes is a weekly roundup of the most important news in the fast evolving fashion-tech space.
Swatch Group AG, the biggest Swiss watchmaker, said it doesn’t rule out forming agreements with consumer-electronics companies to help produce smartwatches amid increasing competition in timepieces with more functions.
Swatch Group AG’s Tissot T-Touch Expert Solar watch has a compass, tells the altitude and runs on solar power. It costs $1,250 — more than three times the smartwatch Apple Inc. unveiled yesterday, putting it squarely in the crosshairs of the tech giant’s latest gizmo.
Today, as Apple unveils its much-awaited Watch, BoF has the early scoop. Here, we explain the new wearable device, Apple’s strategy for turning the product into another blockbuster and its potential impact on the fashion and luxury industry.
Apple Inc. hired renowned industrial designer Marc Newson to work on future products, adding a close friend and collaborator of the iPhone maker’s head of design, Jony Ive.
Apple has invited fashion editors and bloggers to its annual launch event in unprecedented numbers, possibly indicating the iPhone maker’s plans to debut a smartwatch.
Apple’s much-anticipated wearable device, which will reportedly debut this fall, may not pose a direct threat to luxury watchmakers. But it does signal opportunity.
Oprah salutes Ralph Lauren and the American dream (LA Times) “So few people, in these starkly striated economic times, during which the barriers between classes have become more insurmountable than ever, get to traverse the chasms of culture and economy that have been leapt by Winfrey and Lauren.” Hermès Ownership Battle Continues (Epoch Times) “The controversial takeover of Hermès by LVMH Moet Hennessy Louis