Costco owes Tiffany & Co Archives - The Jewelry Magazine https://www.thejewelrymagazine.com/tag/costco-owes-tiffany-co/ Latest Jewelry News From All Around The World Sat, 19 Aug 2017 11:24:15 +0000 en-US hourly 1 https://wordpress.org/?v=7.0 Costco Ordered to Pay $19 Million for ‘Tiffany’ Rings https://www.thejewelrymagazine.com/costco-ordered-pay-19-million-tiffany-rings/ https://www.thejewelrymagazine.com/costco-ordered-pay-19-million-tiffany-rings/#respond Sat, 19 Aug 2017 11:15:36 +0000 http://www.thejewelrymagazine.com/?p=4408

Costco owes Tiffany & Co. more than $19 million for selling 2,500 generic diamond rings falsely identified as “Tiffany” rings, a federal judge ruled Monday. Judge Swan ruled in favor of Tiffany, saying the brand was entitled to $11.1 million as profits for trademark infringement, plus interest, as well as an additional $8.25 million in […]

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