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Costco Owes Tiffany More Than $19 Million, Judge Rules

Tiffany was awarded more than $19 million after it sued Costco for trademark infringement and trademark counterfeiting.Credit Donna Alberico for The New York Times There’s no place like Tiffany, the famous jeweler says on its website — and that includes Costco .

A federal district court judge has ordered Costco to pay Tiffany more than $19 million for selling generic diamond engagement rings that were marketed using Tiffany’s name.

Continue reading the main storyTiffany’s lawsuit , filed in 2013 on Valentine’s Day, was the equivalent of sending Costco a black rose.

Furthermore, the salespeople “were not perturbed when customers who then realized that the rings were not actually manufactured by Tiffany expressed anger or upset,” Judge Swain wrote.

Costco said in a statement that it plans to appeal the ruling, which it described as “a product of multiple errors in pretrial, trial, and post-trial rulings.”

READ MORE (New York Times)

  • Judge: Costco must pay Tiffany $19.4 million for advertising knock-off ringsUSA TODAY
  • Costco made $3.7 million selling 'Tiffany' rings. Now it must pay $19 million ...Chicago Tribune
  • Costco Has a Gift Registry, Y'allJezebel
  • Costco Must Pay $19 Million for Selling 'Tiffany' RingsNBC Bay Area
  • No, Costco, "Tiffany's" is not a generic term — pay $19.4 million, judge saysNew York Business Journal
  • Costco owes Tiffany more than $19 millionKTVZ
  • 'Tiffany' rings cost Costco $19.4mBBC News
  • Costco Must Pay Tiffany & Co. $19.4 Million in Jewelry Trademark CaseInStyle
  • Costco owes Tiffany $19.4M for selling counterfeit diamond ringsNew York Daily News

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Costco Owes Tiffany More Than $19 Million, Judge Rules


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