Google has announced its $1.1 billion partnership with leading consumer electronics company, HTC. The transaction, pending approvals and customary closing conditions is anticipated to be completed by early 2018. The move comes right before Google is to unveil its second generation of products on October 4, suggesting that it will aim to invest further and broaden its offerings of products.
“Creating beautiful products that people rely on every single day is a journey, and we are investing for the long run,” said Rick Osterloh, senior vice president of hardware at Google, in a statement regarding the deal. “That’s why we’ve signed an agreement with HTC, a leader in consumer electronics that will fuel even more product innovation in the years ahead. With this agreement, a team of HTC talent will join Google as part of the hardware organization.”
“I’m looking forward to jumping into the creative process and exploring fashion through a different lens,” said actor Michael B. Jordan exclusively to WWD about becoming the first face of @coach ‘s men’s business. Not only will the actor appear in its global ad campaigns, but he will also create a capsule with designer Stuart Vevers. Tap the link in our bio to learn more. #wwdfashion
“The name of the show is GP — giant pockets,” said Karl Lagerfeld pre-show, in his backstage meeting room at @Fendi to Bridget Foley. @Bellahadid was one of the many famous faces who graced the catwalk including @Gigihadid, @Adwoaaboah, and yes, even @Kendalljenner. #wwdfashion
Photographed by Kuba Dabrowski/WWD
“We are obsessed with Fendi and we want to share this obsession,” said CEO Serge Brunschwig to WWD. @Fendi will be releasing a new capsule collection Oct. 16 centered around the Fendi/Fila logo created by Instagram artist @Hey_reilly. Further proving the logo trend isn’t going anywhere. Link in our bio for more details. #wwdfashion