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Fossil & Intel partner on wearable technology
09
Sep '14
Lifestyle and fashion accessories marketer, Fossil Group and computer chip maker, Intel Corporation will collaborate to further develop wearable technology for the fashion industry.

Fossil will partner with Intel to identify, support and develop emerging trends in the wearable technology space.

The companies will work together on emerging products and technologies that will be developed for the fashion-oriented consumer.

Fossil’s partnership with Intel will enable iconic fashion brands within its portfolio to participate in wearable technology in a fashionable way.

In addition, Fossil Group will work closely with Intel Capital to identify and evaluate co-investments in emerging technologies to accelerate wearable industry innovation.

Intel Capital has invested in a wide range of start-ups in the wearables space, including Thalmic Labs and Basis.

“Combining our fashion lifestyle brands with Intel’s expertise in technology, hardware and innovation will position us to be a leader in this segment”, Kosta Kartsotis CEO at Fossil said.

Mike Bell, Vice President at Intel said, “We are focused on identifying trends and emerging uses of technology and accelerating wearable technology innovation worldwide.”

Fossil Group’s offerings include fashion clothing, watches, jewellery, accessories, handbags, etc sold under a diverse portfolio of proprietary and licensed brands. (AR)

Fibre2fashion News Desk - India


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