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Wearables smothering Swiss watch business, Fossil CEO says

Fred O'Connor | Aug. 13, 2015
Fossil will start selling an Android Wear smartwatch in October or November, said CEO Kosta Kartsotis.

Some day, every watch Fossil makes could have technology in it, he said.

In addition to meeting market demand, incorporating technology into its watches gives Fossil access to user data that can be fed into the company's CRM software and used for marketing efforts, Kartsotis said.

 

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