Costco learned a very expensive lesson this week: A “Tiffany” ring is a specific product sold by a specific company; not just a generic name for any diamond engagement ring. Now the warehouse retailer must pay Tiffany & Company $19.4 million for marketing and selling “Tiffany” diamond rings that had nothing to do with the famed jewelry store. [More]
tiffany & co
Federal Judge Finds In Favor Of Tiffany In Costco Imitation Ring Case
By 9.8.15
After more than two and a half years of litigation, the dispute between Costco and Tiffany over what, exactly, “Tiffany” means in the context of diamond engagement rings is over. A federal judge found in favor of Tiffany, noting that Costco clearly had not acted in good faith when slapping the word “Tiffany” on their jewelry cases. [More]
27 Major Companies That Are Worth Less Than WhatsApp
By 2.20.14
Just how big of a deal is the $19 billion WhatsApp is getting from Facebook in the acquisition announced yesterday? It’s a pretty freaking big deal — especially when you consider that there are a whole lot of major companies –including many that produce physical goods you can reach out and touch — that have been around longer than WhatsApp and are worth a lot less. [More]
Tiffany Exec Allegedly Treated $1.3M In Jewelry Like It Was On The Office Giveaway Shelf
By 7.3.13
Many workplaces have what’s known as the “giveaway” shelf. Need a pen emblazoned with some corporation’s name? Your coworker might’ve put it out as a freebie. Looking for a set of fake clip-in hair? If you’ve ever worked at a celebrity weekly, you probably could’ve scored that for free. While we’re unsure if Tiffany & Co. has such a shelf, an executive charged with swiping $1.3 million in jewelry was definitely not cruising the giveaways, say authorities. [More]
Tiffany & Swatch's Marriage Doesn't Work Out So They're Suing Each Other
By 3.12.12
Time’s up for the marriage of Tiffany & Co. with Swatch Watches, as the two companies aren’t only ending their partnership but are going into full-on bitter divorce mode with suits and countersuits abounding. One might say their timing was just off. Oh, zing! [More]
Tiffany Hires Ed Burns To Equate True Love With Diamond Rings
By 8.1.11
Tiffany & Co makes shiny, expensive diamond rings, so why not hire a handsome, expensive man like Edward Burns to present a movie-mercial to convince you that a ring equals true love? [More]
Tiffany's Dazzling Customer Service More Than Makes Up For Shipping Snafu
By 2.3.08
Ritzy Fifth Avenue jeweler Tiffany & Co. failed to ship Chris’ grandfather a bracelet for his wife in time for Christmas. We expect a certain level of service from high-end stores, but Tiffany’s extravagant amends caught us by surprise.
Jeweler Caught Selling Fake Tiffany Items
By 8.6.07
Tiffany said that according to the judgment issued by a federal court in New York, Starglam Inc., and its principal, John Shamir, should not engage in any further counterfeiting of Tiffany-branded items or infringing on its trademark.
