Movado Group acquires watch startup MVMT – TechCrunch

The Movado Group, which sells multiple brands including Lacoste, Tommy Hilfiger and Hugo Boss, has purchased MVMT, a small watch company founded by Jacob Kassan and Kramer LaPlante in 2013. The company, which advertised heavily on Facebook, logged $71 million in revenue in 2017. Movado purchased the company for $100 million. The acquisition of MVMT…

What AR/VR/XR needs to go big – TechCrunch

More posts by this contributor China could beat America in AR/VR long-term Ubiquitous AR to dominate focused VR by 2022 AR/VR/XR are going to be big, but not everyone will win. Today’s market is a collection of related point solutions to specific problems, but not a fully functioning ecosystem. Not yet. For the market to…