Pursuits
Chanel Sues Watch Retailer Tourneau in Contract Dispute
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Chanel Inc. said in a breach-of-contract suit that Cartier threatened not to supply timepieces to Tourneau LLC’s stores unless the watch retailer shut down a Chanel boutique in its main Manhattan location.
Tourneau, which has sold Chanel watches at two stores in Manhattan since June 2011, opened a boutique for the brand in July inside its “TimeMachine” location on East 57th Street, according to Chanel’s suit against the retailer and Cartier, filed in New York state Supreme Court on Dec. 13.