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Wearing a rainbow-themed Swatch watch in Malaysia could now land you three years in jail, after the government banned what it described as the brand’s “LGBTQ related” products — claiming ...
Swatch is a Swiss watch company founded in 1983 by Ernst Thomke, Elmar Mock, and Jacques Müller. It is a subsidiary of The Swatch Group.The Swatch product line was developed as a response to the "quartz crisis" of the 1970s and 1980s, in which inexpensive, battery-powered, quartz-regulated watches were competing against more established European watchmakers focused on artisanal craftsmanship ...
The Swatch Group Ltd is a Swiss manufacturer of watches and jewellery. The company was founded in 1983 through the merger of ASUAG and SSIH , moving to manufacturing quartz-crystal watches to resolve the quartz crisis threatening the traditional Swiss watchmaking industry.
In May 2023, swiss watchmaker Swatch has reported that Malaysian authorities seized 164 rainbow-colored watches from its Pride collection, with an estimated total value of US$14,000. The confiscation occurred during raids conducted on 13-14 May at eleven shopping malls across Malaysia, including outlets in the capital Kuala Lumpur.
Swiss watchmaker Swatch said Tuesday that Malaysian authorities raided its stores and confiscated 164 watches from its Pride Collection. It said Ministry of Home Affairs officials raided its ...
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