PARIS — Swatch Group said Tuesday one of its units is facing an antitrust investigation in Switzerland.
The Swiss antitrust watchdog is investigating whether recent price increases introduced by ETA Manufacture Horlogere Suisse SA have violated antitrust laws. The unit, which has been the subject of other probes, supplies watch movements to Swatch as well as independent watchmakers.
Hermès is launching a Laundromat pop-up shop in NYC - dubbed Hermèsmatic - where customers can bring their old scarves to be dip-dyed by an expert. Get all the details on WWD.com. #wwdnews (📷: @donstahl)