Watchmaker Fossil Group this week revealed that it is selling some smartwatch technology it is currently developing to Google. The transaction is valued at $40 million (about CA$53 million). It will see Google acquire both new smartwatch intellectual property and and a portion of Fossil’s R&D team. Greg McKelvey, EVP and chief strategy and digital officer of the Fossil Group, provided little […]
Jerome Skalnik
Chanel acquires stake in Kenissi Manufacture
Chanel is kicking off 2019 with the acquisition of a 20% stake in Switzerland-based movement manufacturer Kenissi Manufacture. The news came as the company published its earnings for the first time in its more than 100 year history. Chanel provided few details about its plans but the move clearly suggests that it is looking to strengthen its luxury watchmaking business […]
Concept Sunday: Day One Glass Watch
Not everyone makes typical New Year’s Eve resolutions like getting to the gym more often or eating better. Thomas Radenne, currently attending the Institut Supérieur de Design Rubika in France, has decided instead to come up with a collection of concept watches. His first creation is the aptly named Day One Glass Watch. The idea is simple: Radenne wanted a watch […]
The five most expensive watches sold on eBay in 2018
While eBay may not immediately spring to mind when it comes to buying high-end watches, collectors and aficionados know that some some real treasures can surface on the online auction site (especially now that it offers a program that authenticates watches from selected sellers). The website this week released its list of 20 most expensive purchases of 2018 and two watches made […]
Timex and Huami to build smart watches together
Timex may not be a household name when it comes to smartwatches and connected watches but a new partnership could soon change that. The Timex Group will partner with Chinese biometrics company Huami Corp to develop “a new generation of smart watches that deliver on performance, style, craftsmanship and price.” Timex previously developed connected watches like the Timex Metropolitan+, an analogue watch enhanced with […]
Countdown to Christmas begins with Nomos Glashütte advent calendar
The Nomos Glashütte advent calendar back for another year! While there may not be any chocolates to be found (that we know of), the German watchmaker’s calendar promises lucky winners a selection of gifts including some of its beautiful timepieces. Starting December 1, we will be holding our annual holiday giveaway—with gifts such as specialties from Glashütte that cannot be found […]
Nixon launches Metallica watch collection
Watch company Nixon is partnering with the famed heavy metal band Metallica for its latest watch collection. Eight watches, each inspired by one of the band’s albums, are now available. Among the albums represented are “Kill ‘Em All”, “…And Justice For All” and “The Black Album.” A limited edition “Sanitarium” watch was also offered by quickly sold out. According to Metallica: They […]
Richard Mille opens first Canadian boutique
It just got easier for Canadians looking to strap a new Richard Mille watch to their wrist. The Swiss watchmaker recently opened its first Canadian boutique in Toronto’s upscale Yorkville neighbourhood. The new location is operated by jeweler Louis Black under a licensing agreement. Much like Richard Mille timepieces themselves, the store layout is quite unique. It features a number of […]