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Business May 17, 2026

Swatch Closes Stores as Royal Pop Watch Launch Sparks Crowd Chaos

Swatch shut stores in several European cities and New York after massive crowds gathered for the li…
Swatch Stores Shut Amid Crowd Turmoil Over Royal Pop LaunchSwatch was forced to close multiple stores across Europe and the United States after queues of hundreds turned chaotic during the launch of its limited‑edition Royal Pop timepieces, a collaboration with luxury watchmaker Audemars Piguet. Police in the Paris region deployed teargas to disperse a 300‑person crowd, while fights broke out in Milan and stores in Amsterdam, Utrecht, London and six other UK cities remained shut for safety.Mass Queues and Police Intervention Across Europe and New YorkHundreds camped overnight in France, the Netherlands, Italy and the UK.Police used teargas in the Paris region after a metal shutter and two security gates were damaged.In Milan, a fight erupted at opening time; in New York’s Times Square the crowd was described as a "mosh pit".Swatch stores in Amsterdam, Utrecht, London and six other UK cities stayed closed pending security reviews.Resale Prices Skyrocket as Retailers Struggle to Meet DemandRetail price of a Royal Pop watch: $400 (≈£300).One buyer resold a watch for $4,000, a ten‑fold markup.Another purchaser paid $2,400, roughly $2,000 over retail, citing the difficulty of acquiring an Audemars Piguet piece.Retail Security and Brand Reputation Under ScrutinyThe incidents highlight the challenges luxury‑fashion collaborations face when demand outstrips supply. Swatch’s underestimation of security needs led to property damage and police involvement, while the chaotic scenes risk tarnishing both Swatch’s and Audemars Piguet’s brand images.Future Limited‑Edition Drops May Require Tightened ControlsAnalysts expect brands to adopt stricter crowd‑management protocols, pre‑sale reservations and limited‑quantity online allocations for upcoming collaborations. Without such measures, future launches could repeat the safety concerns and market distortions seen with the Royal Pop release.
#Swatch #Audemars Piguet #Paris
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Business Apr 05, 2026

Waitrose Employee Sacked for Confronting Shoplifter, Highlights Retail Security Concerns

A 54-year-old Waitrose employee was sacked after confronting a shoplifter who had stolen Easter egg…
A Waitrose employee with 17 years of service was dismissed after stopping a shoplifter who had stolen a display of Lindt Gold Bunny Easter eggs worth £13 each. Walker Smith, a shop assistant at a Waitrose branch in Clapham Junction, south London, described his devastation after being sacked. He had been told not to approach shoplifters but felt compelled to act after seeing the repeat offender. The incident highlights the growing concern of shoplifting in retail, with 519,381 offences recorded in England and Wales in the year to September 2025, up 5% from the previous year. Smith's manager told him off and he apologized, but the matter was escalated, leading to his dismissal. He expressed regret over his actions and worries about his future, having recently moved into his own studio flat and being diagnosed with anxiety. Retail businesses, particularly supermarkets, have seen an increase in shoplifting, prompting calls for greater support and security measures. The chief executive of Marks & Spencer has urged the government and London's mayor to crack down on retail crime. A Waitrose spokesperson stated that the company takes the safety and security of customers and employees seriously, with policies in place to address these concerns.
#waitrose #his #shoplifter
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