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Podcast / Fashion Friday: Fashion and Technology Companies: Competitors or Partners in the Wearables Market?
Fashion Friday: Fashion and Technology Companies: Competitors or Partners in the Wearables Market?
Global sales of wearable electronics are expected to grow more than twofold to US$20 billion in 2016. Given this projected growth, companies beyond just consumer electronics brands are expected to jump on this bandwagon, particularly luxury fashion houses. For example, Ralph Lauren is launching a smart sports top later this year with a smart bag expected to follow not long after.