Fossil working on a smartwatch

First published: 22-05-2014

Watchmaker Fossil is planning to release a smartwatch of some kind in the near future.

Dallas News reports that chief executive officer Kosta Kartsotis was asked where the firm stood in regards to wearable devices - a form of technology that is expected to be rolled out by many companies in the near future. 

"We will have products with wearable technology. There’s just too much interest in it from consumers," Mr Kartsotis said.

He added that, while the firm was more focused on lifestyle fashion, others had more of a penchant for technology and the development of a smartwatch was a good way to encourage the latter set of people to shop with Fossil

However, it is important to maintain some perspective. While 1.5 million units of wearable technology have been sold currently, approximately one billion watches are shipped every year. 

As excitement grows over what kind of smartwatches might be released in the future, it will be interesting to see if they gain traction with customers. 

© Copyright WATCH SHOP UK - DO NOT COPY

Related articles

Spring Style Edit

Posted: 05-04-2019

Watch Shop brings you the lowdown on all the latest style trends and insights in the new Spring Style Edit. Top picks, hot sellers, Easter gifts and more.

Spring forward with the clocks changing this weekend

Posted: 28-03-2019

7 surprising facts about Daylight Saving Time

Sunday 31st March Mother's Day Gift Ideas The Watch Shop Guide

Posted: 19-01-2019

Watch Shop has curated the perfect selection of Mother’s Day gifts. Find designer inspiration from timeless watches to beautifully crafted jewellery – spoiling Mum has never been easier!

A guide to choosing a gold watch

Posted: 09-02-2019

Make a statement with a gold watch this New Year and give your outfit that little something special, whatever the occasion. Browse designs for men and women from brands including Guess, Armani Exchange, Coach, and more.