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Home    Archive    2013    Swatch Group vs Tiffany & Co., New York: Decision in favor of Swatch Group

Swatch Group vs Tiffany & Co., New York: Decision in favor of Swatch Group

Biel / Bienne (Switzerland), December 22, 2013 – 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.

Contacts

Media

Béatrice Howald, Spokesperson
The Swatch Group Ltd, Biel / Bienne (Switzerland)
Phone: +41 32 343 68 33
E-mail: please use our «Contact Form» 

Investors

Felix Knecht, Investor Relations Officer
The Swatch Group Ltd, Biel / Bienne (Switzerland)
Phone: +41 32 343 68 11
E-mail: please use our «Contact Form»

PDF Document (25 KB)

 

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Swatch Group vs Tiffany & Co., New York: Decision in favor of Swatch Group