Swatch Sees Smartwatches as Opportunity, Not Threat

Swatch store in Osaka, Japan | Source: Shutterstock

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.

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Behind Intel’s New Fashion Collaborations

L: Carol Lim and Humberto Leon, co-founders of Opening Ceremony; R: Brian Krzanich, chief executive of Intel | Source: Courtesy

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.

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Did Apple Hire Former Yves Saint Laurent CEO to Work on Wearables?

Paul Deneve, former chief executive of Yves Saint Laurent and vice president of special projects at Apple | Source: Courtesy photo

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.

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Wearable Technology Market Set to Explode, Could Reach $50 Billion, Says Credit Suisse

A rendering of the rumoured Apple iWatch | Source: appleinsider.com

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.

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