The grading lab said the search for her successor is underway.
Trial in Tiffany v. Costco Case Postponed
The trial phase in the ongoing legal battle between Tiffany & Co. and Costco over the warehouse club’s sale of rings falsely labeled as Tiffany has been pushed back until June.
New York-- The trial phase in the ongoing legal battle between Tiffany & Co. and Costco over the warehouse club’s sale of rings falsely labeled as Tiffany has been pushed back until June.
The trial, which will determine monetary damages in the case, originally was set to begin this past Monday (Jan. 11) but court documents show that the two parties remain at odds over exactly how many rings Costco sold as having a “Tiffany” setting.
Tiffany has argued, and the court has agreed, that it was about 2,500.
Costco has countered, however, that it was fewer, contending that some of those sales should be excluded because they lie outside the statute of limitations in the case, or were made after Costco quit putting “Tiffany” on its signage.
It is asking the court to reconsider its stance on the matter.
As the debate over Costco’s ring signage continues, court records shows that both Tiffany and Costco had asked the court to start the trial sometime after March 28.
In an order dated Jan. 7, U.S. District Judge Laura Taylor Swain stated that the court’s next available date after March 28 is June 13.
Tiffany filed suit against Costco on Valentine’s Day 2013, accusing the warehouse club of trademark infringement and trademark counterfeiting for selling rings in its stores labeled as having a Tiffany setting that weren’t made by Tiffany & Co.
Costco fired back with a counterclaim that contended the term “Tiffany setting” had become generic, and could be used to describe any setting with multiple slender prongs holding a single gemstone.
In September, Judge Swain ruled in Tiffany’s favor, granting the jeweler’s motions for summary judgement on claims of trademark infringement and trademark counterfeiting while simultaneously dismissing Costco’s generic claims.
Costco’s motion for an interim appeal in the case was denied in November.
The Latest
In this special op-ed, designer Jules Kim calls on big brands to collaborate with independent creators instead of copying their designs.
Several jewelry designers are lending a helping hand to charities in Los Angeles amid the raging wildfires.
The new year feels like a clean slate, inspiring reflection, hope, and the motivation to become better versions of ourselves.
A pioneering figure in gemology, he is remembered for his spirit of generosity, curiosity, and joy.
The peak selling days leading up to Christmas did not meet the jewelry retailer’s expectations.
Gemfields said the Zambian government revoked the 2019 suspension of the tax with no warning.
A Diamond is Forever hosted a holiday celebration in honor of their new marketing campaign, ‘Forever Present.’
With versions in 18-karat gold and platinum, the wearables company is blending health technology and fine jewelry.
The executive brings more than two decades of industry experience to the role.
The New York City-based retailer is bringing its curation of jewels to a pop-up shop at Love Binetti in Palm Beach, Florida.
Created by JA and DCA, the fund is collecting money for jewelry businesses damaged by the wildfires in Los Angeles County.
Adrien Brody received his first Golden Globe while wearing the “Mozi” brooch, which depicts a spill of traditional Chinese calligraphy ink.
The pair will work together to support independent retailers in India with marketing assets, training materials, and other tools.
Officers in Champlain, New York valued the jewels, if genuine, at nearly $30,000.
The “Moonlight Rhapsody” collection is overflowing with gemstones, from raw opal to morganite and spessartite.
The seminar series covers topics from market trends and colored stone terminology to working with museums and growing an Instagram profile.
The artist collaborated with industry creatives on the project, which features five fictional stories and five corresponding paintings.
Nine jewelers donated jewels for a raffle to support the Children’s Hospital Foundation at Virginia Commonwealth University.
Miss Piggy shared her thoughts on being fabulous, the importance of accessories, and how to be your own cheerleader.
“Promise by Effy” includes fashion jewelry and engagement rings.
The Texas-based jeweler is closing all three locations.
Zendaya’s ring, featuring an east-west set elongated cushion-cut diamond, is said to be from British designer Jessica McCormack.
Micro-influencers, customer reviews, and shoppable videos are going to be key to getting customers’ attention, Emmanuel Raheb writes.
Garnet is comprised of a group of minerals, giving those with a birthday in January options when it comes to their birthstone.
The annual award, created in memory of business coach William “Wag” Wagner, went to a retailer in Fairfax, Virginia.
The wholesaler is partnering with Australian brand Cheal Opal on a new offering of calibrated stones.