ZURICH, Switzerland — The emergence of smartwatches, gadgets allowing the wearer to check text messages or capture video, is an opportunity rather than a threat for traditional watchmakers, the head of Swatch Group told Reuters on Friday.
With the worlds of fashion and technology set to become increasingly intertwined, Intel has announced a series of collaborations with Opening Ceremony, Barneys New York and the CFDA, aimed at fostering the development of stylish wearables.
With the debut of its second-generation FuelBand, Nike extends its foothold in the fast-growing “wearables” market and moves further into social products.
CUPERTINO, United States — Apple Inc said on Sunday it will shift Bob Mansfield, senior vice president of technologies, out of its executive team to work on special projects.
Amidst a wearable technology market that’s set to explode, Apple has announced that former Yves Saint Laurent CEO Paul Deneve has joined the company to work on “special projects,” reporting directly to chief executive Tim Cook.
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.