Swatch Wins $449 Million Award From Tiffany

Swatch Wins $449 Million Award From Tiffany  Play

Dec. 23 (Bloomberg) -- Swatch Group AG won an arbitration award of about 402 million Swiss francs ($449 million) from Tiffany & Co, after the timepiece maker claimed a breach of contract at their joint venture. Strategic Group's Burt Flickinger and Citigroup Global's Steven Englander speak on Bloomberg Television's "Bloomberg Surveillance." (Source: Bloomberg)

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