Swatch 'drop' causes a buying frenzy in multiple nations

Associated Press Associated Press

Swatch's new Royal Pop pocket watch has sparked outbursts of chaos worldwide.

The Swiss watchmaker says there's no shortage of the items despite weekend crowds and brawls at stores.

Police in Paris used tear gas, and a fistfight erupted in Milan.

Long queues formed in London, Singapore, and New York.

The watch retails for around $400 but resells for thousands.

By the time the wek began, it was all over eBay.

Swatch says the chaos was due in part to some malls that were not prepared for the demand.

Resale value apparently was also a factor.

On Monday, lines had eased, with new shipments on the way.

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