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Misfit over Fitbit: stylish wearables gain traction in Asia but lack of substance blamed for non-mainstream appeal

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More companies are focusing on fashion-oriented wearables to make up for a perceived lack of style and substance that is holding back sales. Photo: Reuters

Consumers in Asia are demonstrating a growing appetite for stylish wearable devices, with China and Hong Kong among the top markets for US companies like Misfit and Ashley Chloe that make smart devices for people’s wrists.

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While industry insiders bemoan how many of these devices are thin on features and lacking in sufficient style and substance to hit the mainstream, some vendors are tapping Asian consumers’ love of bling to fire up sales.

Misfit is best known for its female-oriented wireless activity tracker Misfit Shine, which tracks the number of steps taken and calories burned, as well as the user's sleep cycle. 

“We actually outsell the Fitbit in China,” said Misfit CEO Sonny Vu in an interview with the South China Morning Post. 

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Founded in 2007, San Francisco-based Fitbit stands as something of a pioneer in its field. It now owns 85 per cent of the US market for activity trackers and filed for an IPO on the New York Stock Exchange in June.

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