71
Fashion Jobs
L'OREAL GROUP
Multi-Brand Education Manager
Permanent · JOHANNESBURG
L'OREAL GROUP
E-Commerce Manager
Permanent · JOHANNESBURG
BEIERSDORF
Brand Manager
Permanent · DURBAN
G-STAR
Key Account Manager
Permanent · CAPE TOWN
ESTÉE LAUDER COMPANIES
Marketing & Sales Operations Manager (Sub Saharan Africa)
Permanent · JOHANNESBURG
ESTÉE LAUDER COMPANIES
Marketing & Sales Operations Manager (Sub Saharan Africa)
Permanent · JOHANNESBURG
PUMA
Payroll Administrator
Permanent · CAPE TOWN
ADIDAS
Senior Manager Sales: Shoe Channel - em South
Permanent · CAPE TOWN
ADIDAS
Senior HR Business Partner (6-Months Maternity Cover)
Permanent · CAPE TOWN
L'OREAL GROUP
Product Manager
Permanent · JOHANNESBURG
TREK
Country Manager
Permanent · SANDTON
L'OREAL GROUP
E-Commerce Key Account Manager
Permanent · JOHANNESBURG
BEIERSDORF
Precision Marketing & Audience Specialist
Permanent · DURBAN
CLINIQUE
Clinique - Roamer - Edgars Eastgate, Gauteng - 40 Hours - Full-Time - Permanent
Permanent · JOHANNESBURG
PANDORA
Sales Assistant Ppt 96 Hours Balito
Permanent · DURBAN
L'OREAL GROUP
Data Analyst
Permanent · JOHANNESBURG
HTNK
High-End Fashion/Denim Designer
Permanent · JOHANNESBURG
H&M
Talent Acquisition Specialist
Permanent · CAPE TOWN
ADIDAS
Specialist Franchise Excellence - Ems Africa Export
Permanent · CAPE TOWN
LOVISA
Full Time Team Member | v&a Waterfront, Cape Town
Permanent · CAPE TOWN
LOVISA
Store Manager | v&a Waterfront, Cape Town
Permanent · CAPE TOWN
PANDORA
Sales Assistant Pavillion
Permanent · WESTVILLE
By
Reuters
Published
Jan 18, 2019
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Fossil to sell smartwatch technology worth $40 million to Google, shares rise

By
Reuters
Published
Jan 18, 2019

Fossil Group Inc said on Thursday it would sell its intellectual property related to a smartwatch technology currently under development to Alphabet Inc’s Google for $40 million, sending the watchmaker’s shares up as much as 11 percent.

Fossil, which recently launched a new offering called ‘Sport’ that comes with Wear OS, said smartwatches have become its fastest growing category - Reuters


The sale will see a portion of its research and development team currently working on the technology moving to Google.

The deal is expected to close in January, Fossil said.

“The addition of Fossil Group’s technology and team to Google demonstrates our commitment to the wearables industry,” Stacey Burr, vice president of product management at Google’s Wear OS, a smartwatch platform, said.

Fossil, which recently launched a new offering called ‘Sport’ that comes with Wear OS, said smartwatches have become its fastest growing category.

“Together with Google, our innovation partner, we’ll continue to unlock growth in wearables,” Greg McKelvey, Fossil’s chief strategy and digital officer, said.

Fossil’s shares were last up 8.3 percent at $18.87.

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