Tiffany & Co plans to build it back up once its settles its disagreements with Swatch Group SA.
Tiffany & Co plans to build it back up once its settles its disagreements with Swatch Group SA.
“We are working very diligently to imagine what our watch business might look like once our disagreements with the Swatch Group are behind us,” Kowalski said at a Goldman Sachs retail conference in New York, reported Reuters.
In 2007, the company formed a joint venture with Swiss watchmaker Swatch to develop, produce and distribute Tiffany-branded timepieces. The arrangement, intended to last for 20 years, never turned into big business for either company, and the deal ended a year ago.
As a former New Yorker, now a “Miamian,” Adrienne Faurote joined Haute Living in August of 2021. She currently serves as the Haute Media Group Editor-in-Chief, overseeing all editorial platforms within the Haute Media Group while also maintaining her role as Fashion, Jewelry & Watch Director. Prior to her position at Haute Living, Faurote was the Market Editor at Marie Claire Magazine US, amassing over ten years in the industry, becoming an authoritative voice in all things fashion, jewelry, and watches.
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