The Android Wear companion app on Android is receiving a material redesign that will finally change its face for the better. The change is first seen in some leak photos from Phandroid where the overall look of Android Wear seems improved with new design and new features.
The new app version will support taking screenshots of attached Wear devices. The overflow menu will contain new features such as the option to disconnect which is moved from the action bar, the features to forget a device, screenshots and bug reports. The design is a little bit closer to the Lollipop UI itself, and it may bring about some fixes for notification bugs on Android 5.0.
The Android Wear app needs a new version of Google Play services (6.5.75). The app update and the Play services update are not available for download at the moment, but soon we will be able to see them on our devices.