French conglomerate LVMH brands plans to try their hand at the market of smart watch in cooperation with one of the technology companies.
Jean-Claude Biver said that they are currently negotiating a partnership with a certain technology company to create smart watch. It is possible that the release of smart watches under one of the brands LVMH will take over the next nine months.
Beaver admitted that it was smart watches Apple Watch, presented in the beginning of September, the company pushed the idea of combining high fashion with wearable electronics technologies. This, however, is no easy task. Sam Beaver pointed out that Apple specializes in the production of products that users upgrade every year or two, while LVMH mainly produces products for use throughout life.
Beaver did not specify under which of the brands will be issued smart watches. It is worth recalling that LVMH owns several watch companies, including Bulgari, TAG Heuer, FRED and Hublot.