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Technology

Fossil to Buy Wearable Maker Misfit for $260 Million

Fossil agreed to acquire Misfit, a maker of wearable devices, for $260 million to shore up its technology as it pushes into smartwatches.

Technology

Fossil to Buy Wearable Maker Misfit for $260 Million

Fossil agreed to acquire Misfit, a maker of wearable devices, for $260 million to shore up its technology as it pushes into smartwatches.


Technology

Tag Heuer Launches Smartwatch Co-Developed with Google and Intel

LVMH's Tag Heuer has become the first Swiss watchmaker to offer a "smartwatch" to customers, as it seeks to tap a growing market for wearable devices amid flagging sales of traditional watches.

Technology

Tag Heuer Launches Smartwatch Co-Developed with Google and Intel

LVMH's Tag Heuer has become the first Swiss watchmaker to offer a "smartwatch" to customers, as it seeks to tap a growing market for wearable devices amid flagging sales of traditional watches.


News & Analysis

Swatch CEO Sees 2016 Swiss Launch for Pay Watch

Swatch Group expects to launch a smartwatch that can be used to make payments in Switzerland next spring, chief executive Nick Hayek said in an interview.

News & Analysis

Swatch CEO Sees 2016 Swiss Launch for Pay Watch

Swatch Group expects to launch a smartwatch that can be used to make payments in Switzerland next spring, chief executive Nick Hayek said in an interview.


News & Analysis

Swatch CEO Hayek Says Full-Year Sales May Be Near Last Year’s

Swatch Group AG chief executive officer Nick Hayek said full-year sales may be near last year’s level as the strong franc weighs on exports of Swiss watchmakers.

News & Analysis

Swatch CEO Hayek Says Full-Year Sales May Be Near Last Year’s

Swatch Group AG chief executive officer Nick Hayek said full-year sales may be near last year’s level as the strong franc weighs on exports of Swiss watchmakers.


Technology

Swiss Watch Exports Have Biggest Quarterly Decline Since 2009

Swiss watch exports had their biggest quarterly decline since 2009, as the industry struggles with the strong franc and concern that competition from Apple Inc.’s smartwatch may be denting demand for low-end timepieces.

Technology

Swiss Watch Exports Have Biggest Quarterly Decline Since 2009

Swiss watch exports had their biggest quarterly decline since 2009, as the industry struggles with the strong franc and concern that competition from Apple Inc.’s smartwatch may be denting demand for low-end timepieces.


News & Analysis

James Bond’s Favourite Watch Tackles $6,000 Mission: Millennials

Omega is putting more than 140 million Swiss francs ($146 million) of James Bond watches up for sale this year, based on the number being sold and their recommended retail price.

News & Analysis

James Bond’s Favourite Watch Tackles $6,000 Mission: Millennials

Omega is putting more than 140 million Swiss francs ($146 million) of James Bond watches up for sale this year, based on the number being sold and their recommended retail price.


China

Swatch Links With China Bank Giants for Payment Watch

Swatch Group AG is linking up with China Unionpay and Bank of Communications to sell a watch that can be used to make payments.

China

Swatch Links With China Bank Giants for Payment Watch

Swatch Group AG is linking up with China Unionpay and Bank of Communications to sell a watch that can be used to make payments.


News & Analysis

Swatch Group’s Tissot Becomes First Official NBA Timekeeper

Tissot SA will become the first official timekeeper of the National Basketball Association in a six-year sponsorship valued at $200 million, according to a person familiar with terms of the deal.

News & Analysis

Swatch Group’s Tissot Becomes First Official NBA Timekeeper

Tissot SA will become the first official timekeeper of the National Basketball Association in a six-year sponsorship valued at $200 million, according to a person familiar with terms of the deal.


News & Analysis

Sotheby’s to Sell Rare Swatch Collection in Geneva Auction

Sotheby’s will sell a collection of almost 1,000 Swatch timepieces dating back to the early days of the brand in the 1980s.

News & Analysis

Sotheby’s to Sell Rare Swatch Collection in Geneva Auction

Sotheby’s will sell a collection of almost 1,000 Swatch timepieces dating back to the early days of the brand in the 1980s.


China

LVMH’s Biver Sees Tougher 2016 for Swiss Watch Industry

LVMH watch chief Jean-Claude Biver said 2016 is set to be a tougher year for the Swiss watch industry because of the economic slowdown in China.

China

LVMH’s Biver Sees Tougher 2016 for Swiss Watch Industry

LVMH watch chief Jean-Claude Biver said 2016 is set to be a tougher year for the Swiss watch industry because of the economic slowdown in China.


China

Swatch CEO Plays down China Turbulence

Swatch is not worried by economic and market turbulence in China, chief executive Nick Hayek said, noting its sales to Chinese customers will rise when stripping out exchange rate swings.

China

Swatch CEO Plays down China Turbulence

Swatch is not worried by economic and market turbulence in China, chief executive Nick Hayek said, noting its sales to Chinese customers will rise when stripping out exchange rate swings.


Technology

Fitbit Exec Says Smartwatches Still ‘More Hype Than Reality’

While acknowledging that Apple Inc. has started to popularize the smartwatch, the category is “more hype than reality,” said Woody Scal, Fitbit’s chief revenue officer.

Technology

Fitbit Exec Says Smartwatches Still ‘More Hype Than Reality’

While acknowledging that Apple Inc. has started to popularize the smartwatch, the category is “more hype than reality,” said Woody Scal, Fitbit’s chief revenue officer.