Swatch closes stores after Royal Pop watch launch draws crowds (opens in new tab)

Swatch closed stores in several countries after crowds gathered for the May 16 launch of its Royal Pop pocket watches, a collaboration with luxury watchmaker Audemars Piguet, at shops and malls in Europe, the United States and Asia. Swatch sold the watches through selected stores; reported prices included £335 in the UK, about $400 to $420 in the United States, 350 to 375 Swiss francs in Switzerland and €385 to €400 in parts of Europe. Crowds led to closures or disrupted sales in London, at P...