The Fossil Group first announced its intention to jump into the wearables market back in March. It promised a range of accessories and price points that would be offered under both its Fossil brand as well as licensed brands Michael Kors and Emporio Armani. Fossil CEO Kosta Kartsotis this week shed more light on the company’s plans during a conference […]
Smartwatches
Swatch smartwatch to launch this summer
Swatch announced back in February that it planned on releasing its first smartwatch within the next three months. The Swatch Touch Zero One touch watch has occasionally been misidentified as that smartwatch but it is not. Swatch CEO Nick Hayek this week told The Wall Street Journal where things now stand with the Swatch smartwatch. Hayek explained that the company’s first […]
Smartwatch shipments to top 100 million in 2020
Smartwatch shipments were off to a very modest start in 2014. Estimates range from the mid to high single-digit millions depending on who you asked. Despite such humble beginnings, smartwatches are expected to quickly become a much larger market over the next few years. BI Intelligence estimated back in March that over 120 million smartwatches would ship in 2020. IHS has looked […]
Ads on smartwatches to be worth US$70 Million by 2019
Smartwatches may have only caught on with a small portion of consumers to date but advertisers are already looking at opportunities to bring their ads to wearables. According to Juniper Research, advertising on smartwatches will be worth US$68.6 million by 2019. In comparison, such advertising is expected to only reach about US$1.5 million this year. US$70 million is less than […]
Victorinox confirms plans for a Victorinox smartwatch
Victorinox, best known for the Swiss army knife, is the latest watchmaker to confirm plans to offer a smartwatch. The company plans to unveil a Victorinox smartwatch sometime late this year or early next year. The news was confirmed by Victorinox Chief Executive Carl Elsener to Reuters after a report first surfaced in a Swiss newspaper. With a formal unveiling still some time […]
Baselworld 2015: Tissot smartwatch prototype shown off
Swiss-based Swatch Group AG announced plans to jump into the smartwatch market with an announcement last month that it would offer a Swatch smartwatch within months. It also plans on bringing smartwatches to at least one other watch brand it owns. That company, Tissot, is showing off a working smartwatch prototype at Baselworld 2015. The Tissot smartwatch is based on […]
Smartwatches to make up over half of wearable shipments by 2020
Some 6.8 million smartwatches were sold in 2014. That number includes a number of devices such as Fitbit’s devices that arguably belong more in a fitness tracker category, suggesting that the actual number is even lower than that. With more than 150 companies now developing smartwatches and the upcoming Apple Watch, smartwatch shipments are expected to jump significantly this year and will […]
Baselworld 2015: Tag Heuer partners with Google and Intel on Android Wear smartwatch
Android Wear is about to jump into the luxury smartwatch market. Baselworld 2015 kicked off today with Tag Heuer announcing that it will partner with Google and Intel to develop its first ever smartwatch. In a somewhat surprising move, it will be powered by Google’s Android Wear platform, likely making it the first ever Android Wear-powered Swiss smartwatch when it launches. […]