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Tiffany Obtains Permanent Injunction and Large Award against Counterfeiters Awards Tiffany $2,176,000 against 78 Website Operators Press Release : Tiffany & Co. – 10 minutes ago
RELATED QUOTES Symbol Price Change TIF 79.70
NEW YORK--(BUSINESS WIRE)--
Tiffany & Co. ( TIF ) announced today that the United States
District Court for the Southern District of Florida has issued a final
default judgment and permanent injunction in Tiffanyâ€™s favor, awarding
Tiffany $2,176,000 in aggregate statutory damages against 78 defendants
operating infringing websites selling counterfeit TIFFANY & CO. jewelry.
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The 78 defendants were engaged in the sale of counterfeit TIFFANY & CO.
goods via websites which also infringed Tiffanyâ€™s trademarks, such as
salestiffany.net, shoptiffanyco.com, tiffanyandcomall.com,
tiffanycooutlet.co.uk and other similar domains intended to confuse and
deceive consumers. The judgment further requires that the website
operatorsâ€™ infringing domain names be transferred to Tiffany.
Michael Kowalski, chairman and chief executive officer of Tiffany, said,
"We are pleased to announce this Judgment. Trademark counterfeiting
severely damages brand owners and consumers alike. The way to stop it is
to take aggressive action against the counterfeiters and make them pay,
civilly. That's what happened in this case which should send a message
to anyone trying to sell counterfeit Tiffany merchandise."
Tiffany & Co. operates jewelry stores and manufactures products through
its subsidiary corporations. Its principal subsidiary is Tiffany and
Company. The Company operates TIFFANY & CO. retail stores and boutiques
in the Americas, Asia-Pacific, Japan, Europe and the United Arab
Emirates and engages in direct selling through Internet, catalogue and
business gift operations. Tiffany does not authorize the sale of its
merchandise through any third-party websites. Authentic Tiffany
merchandise can only be purchased online through www.tiffany.com .
For additional information, please visit www.tiffany.com .
TIFFANY & CO., T&CO., and TIFFANY are trademarks of Tiffany and Company.
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Tiffany & Co.Mark L. Aaron, 212-230-5301Linda Buckley, 212-277-5900
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