Tiffany Urges Appeals Court to Affirm $19M Trademark Award

Tiffany & Co. is urging a federal appeals court to affirm a $19.3 million judgment against Costco Wholesale Corp. for allegedly selling counterfeit Tiffany engagement rings.

Costco intentionally used the word “Tiffany” on display case signs to sell “inferior copies of an engagement ring for which Tiffany is renowned,” the jewelry company told the U.S. Court of Appeals for the Second Circuit in a court filing.

Costco is appealing a district court ruling that it acted in bad faith by using the Tiffany name to describe the setting style of its rings. The lower court in 2017 awarded Tiffany $8.25 ...