Connect with us

Headlines

Tiffany and Costco Settle Trademark and Counterfeiting Case

Tiffany had claimed that Costco was touting rings as ‘Tiffany’ when they were not. 

mm

Published

on

Tiffany & Co. and Costco have settled a lawsuit in which Costco was accused of trademark infringement and counterfeiting.

The parties “amicably resolved their dispute,” Costco attorney David Bernstein said in a statement, according to Reuters.

Tiffany had claimed that Costco was touting rings as “Tiffany” when they were not. Costco defended itself by asserting that “Tiffany” is a generic term for a type of setting.

The litigation has been ongoing for eight years.

A federal appeals court in August threw out a ruling that Costco Wholesale Corp. must pay Tiffany & Co. $21 million.

Read more at Reuters

Advertisement

Advertisement

SPONSORED VIDEO

He Doubled His Sales Goals with Wilkerson

John Matthews, owner of John Michael Matthews Fine Jewelry in Vero Beach, Florida, is a planner. As an IJO member jeweler, he knew he needed an exit strategy if he ever wanted to g the kind of retirement he deserved. He asked around and the answers all seemed to point to one solution: Wilkerson. He talked to Rick Hayes, Wilkerson president, and took his time before making a final decision. He’d heard Wilkerson knew their way around a going out of business sale. But, he says, “he didn’t realize how good it was going to be.” Sales goals were “ambitious,” but even Matthews was pleasantly surprised. “It looks like we’re going to double that.”

Promoted Headlines

Most Popular