Selecting Astute Products Of Watchmaker

According to figures released in February by market research firm Strategy Analytics, in Q4 2015, the number of smartwatches shipped reached 8.1 million units beating the 7.9 million units of Swiss watches shipped. This is the first time that the wearable tech devices have overtaken their luxurious and famous counterparts. At the time data release, Neil Mawston, executive director at Strategy Analytics said, "The Swiss watch industry has been very slow to react to the development of smartwatches" and that it "has been sticking its head in the sand and hoping smartwatches will go away". However, according to reports out from the recent Baselworld watch industry fair, Swiss watchmakers have pricked up their ears and are now eager for a bigger share of the growing wearable tech market. Last year, TAG Heuer launched its Connected Watch run on Google's Android Wear operating system but the small number manufactured sold out quickly. "We totally underestimated demand, we were too cautious… Next year, we'll have a real collection, a new version with six to eight models", LVMH's TAG Heuer CEO Jean-Claude Biver told Reuters . Tissot-owned Swatch also launched a smart watch at the Baselworld industry fair - the Smart-Touch. News in your inbox

is in serious trouble as its losing jobs and money to foreigners. Trump has vowed todeport undocumented immigrants, block trade pacts that encourage outsourcing and intimidate China into giving U.S. businesses a better deal. Trumps proposal to prevent Muslims from entering the U.S. would worsen a decline in tourist-generated retail sales, according to Melissa Avstreih, a Bloomberg Intelligence analyst.A shaky global economy is already taking a toll on luxury-goods makers like Tiffany & Co., which saw weaker spending from foreign visitors in cities such as New York last year. Sales at the brands Marc Hayek manages — which alsoinclude Blancpain and Jaquet Droz — may rise or fall as much as 5 percent this year in Swiss franc terms, he said, according to a Swatch spokesman, who confirmed Hayeks comments in the interview. The strong franc and Russian politics also make the outlook less clear. That comes as tension rises in the European Union as the bloc struggles to find a way to deal with the flow of Syrian refugees entering the trade zone. 2016 will be no growth year, Hayek said. Wed be happy if sales remain stable. Who knows how the refugee situation continues, or how relations with Russia develop? While Trumps plan to deny Muslims entry probably wouldnt become law, the rhetoric alone may deter Muslim tourists from visiting the U.S., Avstreih said.

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The gadget makeris reportedly laying off 40 employeesabout 25 percent of its total staff, according to Tech Insider . Kickstarter darling Pebble made crowdfunding history last year when it raised a record $20.3 million to produce itsnext-generation Time smartwatch. The company earned another $26 million over the last eight months, with the help of the new Pebble Time Round the "thinnest and lightest smartwatch in the world." But that's not enough for the inventors. "We got this money, but money [from Silicon Valley venture capitalists] is pretty tight these days," Migicovsky told Tech Insider. VIEW ALL PHOTOS IN GALLERY Pebble did not immediately respond to PCMag's request for comment. Pebble's market position remains unclear: The firm said it sold 1 million smartwatches by February 2015. But that was before the launch of its own popular Time models, as well as the Apple Watch and a handful of Android Wear products. Earlier this month, Pebble knocked $50 off the price of its Time and Time Round wearables (available for $149.99 and $249.99, respectively). At the time, Pebble said it was celebrating the success of its new Health feature, which tracks daily activity and sleep, and offers fitness advice and goals. //Related Articles The Best Smartwatches of 2016 Popular with consumers, health and fitness are a new main focus for Pebble, which will also start selling its watches in India next month via Amazon, Tech Insider reports. "Pebble is in this for the long haul," Migicovsky told the news site.

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