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.
BoF editor-in-chief Imran Amed recaps the week in the business of fashion.
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.
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.
Swatch Group, the world’s largest watchmaker, will debut a smart watch next year in a solo endeavour.