MGM Wireless, the maker of the Spacetalk all in one children’s smartphone, watch and GPS device, has announced unaudited revenue of $7.6 million for the first half of the 2020 financial year - up 86% from $4.1 million for the same period in FY 2019.
Technology company MGM Wireless has contracted 12 new bricks and mortar retailers to sell its Spacetalk children’s all-in-one smartphone, watch and GPS wearable device.
Consumers purchasing fashion products in the US are increasingly gravitating to online shopping and away from bricks and mortar stores, with ecommerce now making up more than 21% of US apparel sales, and expected to grow by 10% annually through to 2020.
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