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.
Annual Report and Sustainability Report
The 2022 Annual Report of The Swatch Group Ltd is now available on our website. Download here: Swatch Group 2022 Annual Report Concurrently, Swatch Group is also publishing its 2022 Sustainability Report according to GRI standards. Download here: Swatch Group 2022 Sustainability Report
The Swatch Art Journey brings masterpieces to our wrists
People never forget the first time they stood in front of one of the world’s most famous artworks; that feeling of a new world opening and creative sparks flying. Exciting things happen when art and the world of Swatch collide, and from the get-go, Swatch has found fresh ways to bring more art to people’s lives. 2023 marks the next chapter of the…
In its today’s meeting, the Board of Directors of the Swatch Group decided to propose a dividend of CHF 6.00 per bearer share and CHF 1.20 per registered share at the Annual General Meeting on May 10, 2023 (previous year: CHF 5.50 per bearer share and CHF 1.10 per registered share).