Swatch Group vs Tiffany & Co.
Decision in favor of Swatch Group
The NAI Netherlands Arbitration Institute passed judgement in the lawsuit Swatch Group vs Tiffany & Co.:
Tiffany & Co. is sentenced to pay Swatch Group damages totalling CHF 402 million.
The counter-claim of Tiffany & Co. is integrally dismissed.
In September 2011, Swatch Group had terminated the collaboration with Tiffany & Co. for breach of contract and pressed claims for damages in December 2011 against Tiffany & Co. In March 2012, Tiffany & Co. filed a counterclaim with the Court of arbitration in charge.
Related news
Half-Year Report 2026
Strong sales growth and important gains in market sharesSwatch Group recorded a strong increase in sales, driven by a solid momentum across all price segments and on every continent. The diversified portfolio of brands, the launch of innovative new products and the increasing efficiency of the Retail business supported this performance. The…
Apprenticeship graduation
Congratulations to our apprentices for their successful apprenticeship graduation! The companies and brands of the Swatch Group Blancpain, Breguet, CHH Microtechnique, Comadur, Caisse de pensions Swatch Group, Distico, Dress your body, EM Microelectronic-Marin, ETA, Longines, Manufacture Ruedin, Micro Crystal, MOM Le Prélet, Nivarox-FAR,…