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Swatch watch called "Smilla" (model GZ701), designed by Stefano Pirovano.
Here's some helpful information:
It was a Collector's Club Special edition, released alongside another watch called "Looka".
The watch face is integrated into the head of a red figurine wearing a dress.
The watch band features a colorful pattern.
As a vintage collectible item, it can be valuable for Swatch enthusiasts.