The Swiss government announced the deal, which cuts the tax on Swiss imports by more than half, on social media Friday morning.
Tiffany Wins $12M in Case Against Counterfeit Sellers
The jeweler took on operators of websites allegedly selling knockoff Tiffany & Co. jewelry and sunglasses as well as other luxury items.

New York—A federal judge granted Tiffany & Co. a $12 million default judgment in a trademark infringement case against the operators of multiple websites said to be selling counterfeit items.
In a ruling handed down June 24, U.S. District Judge Rodney Smith of the Florida Southern District Court in Miami ordered the 12 defendants to pay $1 million each and give control of the websites over to Tiffany.
The jeweler filed the suit in December 2019, claiming sites with names like “tiffanyandco.net” and “tiffanyand.cn” were trying to imitate its website and mislead consumers.
Other sites, Tiffany said, redirected traffic from Google and other search engines away from the company’s official website, Tiffany.com, to their websites instead.
The defendants’ domain names (the name that identifies a website, like “Google.com”) were registered in multiple countries by “individuals, partnerships and/or business entities of unknown makeup,” said to be operating in foreign countries, including China.
Tiffany said in court documents that it “suffers ongoing daily and sustained violations of its trademark rights at the hands of counterfeiters and infringers.”
The jeweler said it spends a “significant” amount of money to enforce its trademarks and to “protect both consumers and itself from the ill effects of confusion and the erosion of the goodwill associated with the Tiffany brand.”
The court documents filed in the December 2019 case included hundreds of web page screenshots advertising “replica” and “knockoff” Tiffany sunglasses as well as “wholesale” Tiffany jewelry.
The websites also listed luxury goods said to be from brands like Gucci and Louis Vuitton.
Tiffany has stamped or included “Tiffany & Co.” on its jewelry since 1868, according to U.S. Patent Office documents, filing for various trademarks for use on its jewelry and decorative objects over the years.
The jeweler also holds trademarks for its iconic Tiffany blue boxes and other packaging.
The Latest

A buyer paid $4.4 million for the piece, which Napoleon wore on his hat for special occasions and left behind when he fled Waterloo.

Plus, how tariffs and the rising price of gold are affecting its watch and jewelry brands.

Roseco’s 704-page catalog showcases new lab-grown diamonds, findings, tools & more—available in print or interactive digital editions.

Furmanovich designed the box to hold Mellerio’s “Color Queen,” a high jewelry collection consisting of 10 rings.


Jennifer Hopf, who has been with JCK since 2022, will lead the execution of the long-running jewelry trade show.

Adler’s Jewelry is set to close its two stores as 82-year-old owner Coleman E. Adler II retires.

From educational programs, advocacy, and recent MJSA affiliation, Jewelers of America drives progress that elevates businesses of all sizes.

Founder Jim Tuttle shared how a dedication to craftsmanship and meaningful custom jewelry fueled the retailer’s double-digit growth.

JSA and Cook County Crime Stoppers are both offering rewards for information leading to the arrest of the suspect or suspects involved.

A buyer paid $25.6 million for the diamond at Christie’s on Tuesday. In 2014, Sotheby’s sold the same stone for $32.6 million.

Mercedes Gleitze famously wore the watch in her 1927 swim across the English Channel, a pivotal credibility moment for the watchmaker.

GIA is offering next-day services for natural, colorless diamonds submitted to its labs in New York and Carlsbad.

The National Retail Federation is bullish on the holidays, forecasting retail sales to exceed $1 trillion this year.

Late collector Eddy Elzas assembled “The Rainbow Collection,” which is offered as a single lot and estimated to fetch up to $3 million.

At the 2025 World Series, the Los Angeles Dodgers’ Yoshinobu Yamamoto sported a custom necklace made by California retailer Happy Jewelers.

The brand’s seventh location combines Foundrae’s symbolic vocabulary with motifs from Florida’s natural surroundings.

The retailer also shared an update on the impact of tariffs on watch customers.

Pink and purple stones were popular in the AGTA’s design competition this year, as were cameos and ocean themes.

All proceeds from the G. St x Jewel Boxing raffle will go to City Harvest, which works to end hunger in New York City.

Courtney Cornell is part of the third generation to lead the Rochester, New York-based jeweler.

De Beers also announced more changes in its upper ranks ahead of parent company Anglo American’s pending sale of the company.

Former Signet CEO Mark Light will remain president of Shinola until a replacement for Ulrich Wohn is found.

Kindred Lubeck of Artifex has three rings she designed with Anup Jogani in Sotheby’s upcoming Gem Drop sale.

The company focused on marketing in the third quarter and introduced two new charm collections, “Pandora Talisman” and “Pandora Minis.”

The jewelry retailer raised its full-year guidance, with CFO Jeff Kuo describing the company as “very well positioned” for the holidays.

Ahead of the hearing, two industry organizations co-signed an amicus brief urging the court to declare Trump’s tariffs unlawful.


















