Intel just announced that in the coming year, its partnering with fashion industry leaders like Barneys, The Council of Fashion Designers of America (the CFDA), and global fashion retailer Opening Ceremony to develop smart wristwear. The first product of the collaboration will be a smart bracelet concept powered by Intel technology and designed by Opening Ceremony. Barneys will carry the smart bracelet, Intel says, but theres no word on exactly what the bracelet will do.