SWATCH PARTIES, OLYMPIC STYLE: Swatch will introduce its Olympic watch collection tonight at a party at the Puck Building in downtown Manhattan.

The Swiss-based watchmaker, the official timekeeper of the 1996 Summer Olympics in Atlanta, is doing the line under licensing agreements with the International Olympic Committee and the Atlanta Committee for the Olympic Games. It will wholesale from $20 to $42.50 and will have 12 styles, ranging from basic models to chronograph and automatic watches.

While the theme of the debut collection will be past Olympiads, new motifs will be introduced to the group twice a year until the 1996 games begin.

According to Bruno Niklaus, acting director of sales for Swatch, tonight's festivities will include a special production by the British performance art group Stomp, as well as demonstrations of five Olympic sports. Nicolas Hayek, chairman and chief executive officer of Swatch's parent company SMH, will host.

GEMS FROM OSCAR: Oscar de la Renta will round out his lineup of licensed accessories with the launch of his new fashion jewelry line this week.

As reported, the jewelry is being done under license by Weingeroff Enterprises, a Cranston, R.I., manufacturer. Weingeroff will present the line in its showroom at 392 Fifth Ave. in New York. Wholesale prices are $35 to $200.

According to Carmine Porcelli, design director of licensing for Oscar de la Renta, the premier collection features four motifs in keeping with what the designer does in his ready-to-wear.

His flair for the exotic, for instance, comes through in the Russian and Marrakech-themed groups, while his more classical side shows up in a group featuring pieces patterned like leaves or a group of tailored goldplated metal and enamel.

"This jewelry is designed to work with everything else Oscar does," Porcelli noted. "In fact, at the fall collections, Oscar used both the jewelry and hats from his licensees on the runway, and that's something he's never done before."

RYAN BAO BOWS: Ryan Bao, a New York accessories firm, will debut its own line of fine jewelry, belts, handbags and small leather goods at the accessories market this week.

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