Amazon has a luxury problem
Swatch Group executives earlier this year were planning to sell some of the Swiss conglomerate’s higher-end watches through Amazon.com Inc. But after months of talks, the two companies hit a wall. Swatch, whose brands include Longines, Omega and Blancpain, demanded a commitment that Amazon proactively police its site for counterfeits and unauthorized retailers.
Posted by Staff Writer at 08:23 AM
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