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3 October 2016Trademarks

Costco should pay Tiffany $5.5m in trademark claim, says jury

Wholesaler Costco should pay luxury jeweller Tiffany $5.5 million in compensation for selling thousands of counterfeit diamond rings.

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More on this story

Trademarks
6 October 2016   A US jury has reportedly ruled that wholesaler Costco must pay luxury brand Tiffany $8.25 million in punitive damages for selling counterfeit diamond rings.
Trademarks
9 January 2019   Wholesale company Costco has lost a bid to reverse or reduce a $19.4 million judgment against it in a lawsuit filed by jewellery retailer Tiffany & Co for unlawfully using its trademark on engagement rings.
Trademarks
25 July 2019   Jewellery retailer Tiffany & Co has asked an appeals court to uphold a $19.4 million ruling against Costco, after a jury found the wholesale company had infringed its trademark.