Tiffany Co.

Tiffany & Co. won a Dutch court ruling setting aside a decision by arbitrators who ordered the jewelry chain to pay Swatch Group AG more than 402 million Swiss francs ($419 million) in a dispute over a failed venture. A three-judge panel in Amsterdam ruled in Tiffany's favor Wednesday, the New York-based company said in a U.S. regulatory filing. Swatch and Tiffany became embroiled in a legal battle after the biggest maker of Swiss timepieces alleged the U.S. jeweler blocked development of a partnership to make and sell watches under the Tiffany brand and share the profits.

Tiffany & Co's sales over the holiday season rose in every region of the world where it operates jewelry stores, prompting the retailer to raise its full-year profit forecast. 

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