The Associated Press Posted: Dec 23, 2013 8:32 AM ET Last Updated: Dec 23, 2013 8:32 AM ET
Swatch Group AG says it has won a contractual dispute with Tiffany & Co.
The Swiss watchmaker says the Netherlands Arbitration Institute has ordered Tiffany to pay Swatch $449 million (402 million Swiss francs) in compensation.
Tiffany couldn't immediately be reached for comment late Sunday.
The dispute arose in 2011 when Swatch cancelled its co-operation with Tiffany, accusing the New York-based jeweler of breach of contract.
Stay Connected with CBC News
Latest Business Headlines
TSX COMPOSITE
Dec 23, 2013 10:15 AM ET Dec 23, 2013 10:15 AM ET Dec 23, 2013 10:15 AM ET Dec 23, 2013 10:20 AM ET Dec 23, 2013 10:15 AM ET
| Index | Last Trade | Change |
|---|---|---|
| TSX COMPOSITE | 13412.35 | 12.75 |
| DOW | 16284.37 | 63.23 |
| NASDAQ | 4133.09 | 28.35 |
| SP 500 | 1826.01 | 7.69 |
| TSX-VENTURE | 892.00 | 3.82 |
The data on this site is informational only and may be delayed; it is not intended as trading or investment advice and you should not rely on it as such.
Anda sedang membaca artikel tentang
Tiffany & Co. to pay Swatch $449M in watch dispute
Dengan url
http://belajarbisnismen.blogspot.com/2013/12/tiffany-co-to-pay-swatch-449m-in-watch.html
Anda boleh menyebar luaskannya atau mengcopy paste-nya
Tiffany & Co. to pay Swatch $449M in watch dispute
namun jangan lupa untuk meletakkan link
Tiffany & Co. to pay Swatch $449M in watch dispute
sebagai sumbernya
0 komentar:
Posting Komentar