The fashion watch category has been experiencing some significant challenges, thanks in large part to the fact that smartphones have replaced wristwatches as many consumers’ primary tool for keeping track of time. In one illustration of the issues facing the industry, exports of watches from Switzerland—the source of many higher-end, fashion-driven watches—declined 10% in February […]
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The Changing Landscape of Smartwatch Licensing
Licensing in the smartwatch and wearables sector is starting to evolve. In this segment’s early days, licensors typically have forged focused deals with consumer electronics or watch companies that specifically authorize the development and production of a line of smartwatches and/or other wearables. This tactic continues today. But announcements from this year’s Baselworld, a trade […]