Madaluxe Group is growing its team. The luxury distribution firm, which made a deal with Timex in January, has tapped Steven Barbery to oversee the Madaluxe Timepieces division. He was previously the vice president of Michele watches and the vice president of luxury brands at Fossil Group. Adam Freede, cofounder and president of Madaluxe Group, […]
The brand launches a hybridized connected watch today with an eye toward recapturing market share and consumer loyalty.
Apple’s latest Watch is a wearable designed to work on its own, but at least in some cases, it doesn’t.
The watchmaker saw sales fall for the quarter and the year, cementing plans for operational consolidation, including layoffs, and bigger investments in digital.
The company saw global net sales fall precipitously and its operating income shrink by more than half, but is hopeful that wearables will offer stability.
The maker of increasingly diverse fitness trackers reported on Monday that growth is down and it would be laying off 110 employees.
Consumers are on the fence about fitness trackers, often abandoning wearables due to frustrating operating systems, inaccuracy and just plain boredom.