Hearst Magazines Names Juliana Stock President
Current president Debi Chirichella will be Hearst Magazine’s next chair.

Bits & Bytes is a weekly roundup of the most important news in the fast evolving fashion-tech space.

ZURICH, Switzerland — Swatch Group AG Chief Executive Officer Nick Hayek doesn't mind losing the lead in smartwatches. For now, he's happy to wait

Bits & Bytes is a weekly roundup of the most important news in the fast evolving fashion-tech space.

SAN FRANCISCO, United States — Google Inc. is partnering with Luxottica Group SpA, which owns eyewear brands Ray-Ban and Oakley, to help the Web
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SAN FRANCISCO, United States — Google Inc said on Tuesday that smartwatches based on its Android mobile software will be available later this year,

"Four key problems prevent wearables from reaching a mass market - but they still have some important applications."

"We’re at the dawn of a new industry loosely called "wearable technology" that may have reached $4.6 billion in sales around the world already this

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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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.
Current president Debi Chirichella will be Hearst Magazine’s next chair.
Eli Lilly & Co. raised its full-year sales forecast as demand for its blockbuster obesity and diabetes drugs continues to surge, giving the drugmaker more momentum as it expands into pills and develops even more powerful weight-loss treatments.
The move relaxes rules to access some peptide compounds for recovery, sleep and cognition and will require pharmacies to notify regulators about adverse events.
The German sneaker brand on Thursday reported strong growth in apparel and sports gear, led by running, training and football products, elaborating on preliminary results published last week.
The decision underscores the challenge Japanese retailers face as persistent inflation squeezes household budgets.
Ahead of its first Capital Markets Day in Madrid, the Spanish beauty group has unveiled its “Vision 2032” and detailed its plans to grow its share of the global fragrance market.
Private equity firms CVC Capital Partners and Cinven, along with Spanish beauty group Puig, are considering acquiring Parfums de Marly, the luxury fragrance brand owned by Advent International, two people familiar with the matter told Reuters.
The UK conglomerate raised its annual volume growth forecast on beauty, personal and home care demand, despite a lagging food sector and the impact of geopolitical conflict on costs.