Apple Hires YSL Boss For ‘Special Projects’
Apple has hired the CEO of fashion house YSL, prompting fresh iWatch, iTV, iRing speculation
The hiring of personnel at Apple is once again under the spotlight as the iPad maker made two big name hiring decisions, sparking new device rumours.
Apple CEO Tim Cook has lured away Paul Deneve from the high-fashion brand Yves St Laurent, Bloomberg reported 3 July. Deneve was previously also CEO of Lanvin and Nina Ricci.
Special Projects
Deneve will report directly to Cook and be a vice president, working on “special projects,” Apple said in a 2 July statement, according to the report.
Apple is rumoured to be working on wearable devices, including an iWatch and an iRing – projects it’s tempting to think Deneve will contribute his sensibility and extensive experience to.
YSL announced 2 July that, effective 1 September, Francesca Bellettini will be its new CEO, as Deneve “has chosen to take up a new career opportunity in the high tech industry.”
According to Bloomberg, Apple is also hiring Hulu executive Pete Distad “to help with negotiations to acquire content for Apple TV,” according to two people familiar with the matter.
Apple TV enables users to view their view video content and the content in iTunes on an HDTV, but it’s rumoured that Apple is working on a television set of its own – an “iTV,” as the press and analysts have dubbed it.
It’s thought that an iTV, iWatch and iRing will complement the current Apple ecosystem, communicating with other iOS devices.
Topeka Capital analyst Brian White first reported on the iRing in an April investor note, writing that the accessory will act as a “navigation pointer for ‘iTV,’ enhancing the motion-detection experience and negating some functionality found in a remote.”
On 27 June, Japan’s patent office made public an application Apple had filed 3 June to trademark the term “iWatch.”
Apple Stagnation?
The new products would enable Apple to compete with Samsung using more than just iPhones; would strengthen its device ecosystem, as Samsung, with new tablets and laptops and phones, continues to build out its own; and ideally prove that Apple, without Steve Jobs, can still shine.
“Sentiment is bad. Make that horrible,” investment firm Raymond James told investors about Apple 1 July, days after Bloomberg reported that consumers aren’t keen on Apple’s new ad campaign.
According to Ace Metrix, a firm that analyses the effectiveness of TV ads through surveys, Apple’s newest commercial – a “manifesto ad” that suggests Apple makes so few phones because each one is a time-consuming labour of love – scored a below-industry-average 542, whereas previous Apple ads scored above 700.
Finally, in still more Apple-and-the-TV news, the Cupertino, California, company is said to be close to finalising a deal with Time Warner Cable (TWC) to add more of its content to Apple TV.
According to the Wall Street Journal and Bloomberg, the content would be similar to what TWC currently offers through the Roku box and Microsoft’s Xbox console and, soon, will offer to Samsung for its televisions.
While Apple, as a policy, doesn’t acknowledge products it’s working on, Cook has called wearables “an area ripe for exploration” and televisions a market of “intense interest.”
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Originally published on eWeek.
