China’s most popular messaging app WeChat is drawing in luxury fashion brands. France’s Longchamp and U.K.’s Burberry are selling clothes and purses there, and LVMH brands Givenchy and Dior are conducting flash sales on the app. By hosting upscale retail, WeChat owner Tencent Holdings has put itself in competition with Alibaba Group Holding, China’s dominant e-commerce company, as well as search engine Baidu. All three titans are testing the waters outside their traditional businesses. Continue reading WeChat Adds Luxury Brands, Competes With Alibaba, Baidu

With Google’s streamlined Android Wear 2.0 on two new LG watches, starting at $250, and Samsung’s $300 Gear S3 smartwatch, fans of the Android operating system finally have some good smartwatch choices that even offer Google Assistant. Meanwhile, Apple is still the giant in the smartwatch market, cornering an estimated 80 percent of smartwatch sales last quarter. Although Apple didn’t release specific figures, it says its smartwatch “hit record numbers” in units and revenue during the recent holiday season. Continue reading Android Wear 2.0 Comes to Smartwatches, Apple On the Rise

TAG Heuer announced at Baselworld in Switzerland that it is developing a smartwatch in collaboration with Intel and Google. The announcement was light on specifics regarding features or pricing, but explained that the watch is expected to ship later this year. The watch is also expected to be expensive, based on the companies involved and the language of the announcement. David Singleton, director of engineering for Android Wear, discussed “fusing beauty with technology” for a “unique blend of emotion and innovation.” Continue reading Luxury Smartwatch to Launch from TAG Heuer, Google and Intel

Swiss watchmaker TAG Heuer is planning to unveil its first smartwatch, possibly during CES in January. According to a source familiar with the matter, the watch will run on an Intel processor, likely with a focus on fitness features (measuring steps, calories burned, quality of sleep). But unlike most smartwatches, TAG Heuer’s offering is expected to look less like a touchscreen gadget and more like a traditional wristwatch. If not unveiled in Las Vegas next month, the watch will be announced during Q1 2015. Continue reading TAG Heuer Plans to Introduce Sleek, Intel-Powered Smartwatch