LYCOS RETRIEVER
Tiffany Co: Tiffany Diamond
built 813 days ago
Tiffany & Co. employs their own diamond cutters, selects their rough with care, and cuts them to exacting standards. They are cut to AGS Triple Ideal, but they are not necessarily Hearts and Arrows.
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Designer Paul Morelli claimed that Tiffany & Co. had stolen his design for a jewelry line with flush-set diamonds. For more than a century, Tiffany helped define American luxury and sophistication. Never before had Tiffany's creative integrity been so maligned. If the plaintiff prevailed, Tiffany would have to suspend sales of its Etoile collection, one of Tiffany's most successful collections with $30 million in annual sales. Further, Tiffany would face a second trial to determine punitive damages if the copyright infringement had been willful. The consequences of liability could have been devastating for the venerable jeweler.
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Tiffany & Co., through its subsidiaries, engages in the design, manufacture, and retail of fine jewelry. Its jewelry products include gemstone jewelry and gemstone band rings, diamond rings and wedding bands for brides and grooms, and non-gemstone, gold, or platinum jewelry, as well as non-gemstone, sterling silver jewelry.
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