It's been over a year since Fossil Group teased a smart Michael Kors watch was in development, and now we finally have a peek of what's coming later this year.

Michael Kors is making a big entrance into the wearables space with two sleek and beautiful Android Wear smartwatches: a beautiful gold-plated design for women and a sporty black one for men. The starting price for both is $395 and they'll debut in department stores (and Michael Kors stores) in fall 2016.

See also: 9 great health and fitness Apple Watch apps to get on your wrist now

While the company told Mashable it is still hard at work designing new bodies for its collection — which will follow the trends of the season — they shared photos of the first two models. More designs are underway, but Kors is taking time to hone the design that keeps fashion first and technology second.

The first smart Michael Kors watch for men comes with a sporty design. Image: Michael Kors

“We began by exploring a large number of designs, which we eventually narrowed down to a few body options,” Kors, honorary chairman and chief creative officer, told Mashable via email. “There were many rounds of prototypes to get to the final product line.

“We looked closely at a range of colors and materials, so there were a lot of samples with various plating and material combinations before we arrived at the best options for both the watch and the straps. We also spent a lot of time exploring designs for the digital watch faces, because they’re an important part of what we are offering our customer.”

The smart timepieces run Android Wear, Google's smartwatch platform, which means they can pair with both iPhones and Android phones. Like most smartwatches, they can display app notifications, fitness-tracking data, text alerts, email and social media updates, as well as other Google services, including voice-recognition software, available on the Android Wear platform.

The first smart Michael Kors watch. This model is designed for women. Image: Michael Kors

Users will be able to customize Michael Kors display faces, from a digital chronograph design to a “glittering animated pavé for night.” The company will also offer a collection of interchangeable leather and silicone wristbands.

“It was important to us that the display watch was customizable, so users can incorporate their own personal style into their smartwatch,” Kors chairman and CEO John Idol told Mashable. “For example, through the day, customers will be able to change out straps or the watch face to reflect their mood or personal style.”

Michael Kors' master plan

Michael Kors continues to be one of the most sought-after watch brands in the world; in North America alone, the company saw a 24% sales increase in the same period from the year before due largely to its accessories and watch offerings.

When Kors' parent, Fossil Group, promised innovation with the launch of 100 web-connected accessories this year across its many watch brands — including Armani and Kate Spade, in addition to Kors — the accessible luxury brand was among the first to actively work toward incorporating modern-day tech features into classic designs. Earlier this week, Fossil's namesake brand revealed it will launch seven smartwatches and bracelets later this year.

At a time when tech companies like Apple and Samsung are poaching fashion executives and designers to turn their computer-like gadgets into pieces of jewelry, watchmakers are coming at the wearable market from the other side, infusing a taste of tech into fashionable designs they already know resonate with customers.

Idol added that the company received a “strong interest” over the past few years from customers who wanted to own a smartwatch that matched their style, rather than opting for a sometimes-clunky design that looks more like a computer on the wrist than a watch.

“Not only do we think the wearable technology business is going to grow in the future, we also saw the huge opportunity in the current space for products that look luxurious and focus on the design as well as functionality,” Idol said.

“We’ll continue to deliver fashion watches to our customers and this includes smartwatches, too, since we believe there is enormous potential for tech accessories.”

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