Bits & Bytes is a weekly roundup of the most important news in the fast evolving fashion-tech space.
BIEL, Switzerland — Swatch Group AG Chief Executive Officer Nick Hayek doesn’t mind losing the lead in smartwatches. For now, he’s happy to wait and see whether anyone actually wants to buy them.
SAN FRANCISCO, United States — Google Inc. is partnering with Luxottica Group SpA, which owns eyewear brands Ray-Ban and Oakley, to help the Web company’s Glass eyewear go mainstream.
SAN FRANCISCO, United States — Google Inc said on Tuesday that smartwatches based on its Android mobile software will be available later this year, significantly expanding the Internet company's push into the nascent market for wearable devices.
Credit Suisse has issued a report on the rise of the wearable technology market, which, it says, has hit “an inflection point” and will have “a significant and pervasive impact on the economy,” reaching $30-$50 billion over the next 3-5 years.