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Tiffany & Co. settles nearly decade-long Costco lawsuit Posted July 20, 2021 | By Arabella Roden ⢠Editor Months after a $US21 million ($AU29 million) verdict against Costco was overturned, Tiffany & Co. has settled its eight-year lawsuit with the discount retail chain. The terms of the settlement have not been disclosed, however Reuters quotes David Bernstein, a legal representative for Costco, as saying the two companies “amicably resolved their dispute”. Notably, Reuters also states that Tiffany & Co. – which was acquired by French luxury conglomerate Moët Hennessy Louis Vuitton (LVMH) in January – recently attained new legal representation. The terms of the settlement have not been disclosed, however Reuters quotes David Bernstein, a legal representative for Costco, as saying the two companies amicably resolved their dispute ....
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Tiffany, Costco settle 8-year lawsuit over fake 'Tiffany' rings reuters.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from reuters.com Daily Mail and Mail on Sunday newspapers.