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It's a battle of the luxury watch giants. Chanel is suing retailer Tourneau and rival Cartier after the rapper-favored brand threatened to stop supplying to the timepiece distributor when a Chanel boutique was installed inside the 57th Street store next to their display this summer. Tourneau allegedly bowed to the pressure, and two Christmas trees and a reindeer have since taken the boutique's place; Chanel seeks $15 million in damages from both companies. [Bloomberg]