Reportedly, Xiaomi has settled on releasing the Watch S1 before April 2022. The smartwatch does away with Xiaomi's 'Mi' branding and will be available across Europe and Asia Pacific countries.
https://www.notebookcheck.net/Xiaomi-Watch-S1-to-launch-within-the-next-few-months-launches-scheduled-in-Europe-and-Asia-Pacific-countries.584939.0.html