If you can read this, either the style sheet didn't load or you have an older browser that doesn't support style sheets. Try clearing your browser cache and refreshing the page.

(MSN)   If you bought a Tiffany engagement ring at Costco, chances are it's counterfeit. Everyone knows the quality gems are at Sam's Club   (now.msn.com) divider line 28
    More: Fail, Tiffany & Co., Costco, engagement rings, Sam's Club, forgery  
•       •       •

2187 clicks; posted to Business » on 15 Feb 2013 at 11:24 AM (1 year ago)   |  Favorite    |   share:  Share on Twitter share via Email Share on Facebook   more»



28 Comments   (+0 »)
   
View Voting Results: Smartest and Funniest

Archived thread
 
2013-02-15 10:04:30 AM  
Just to be clear, they are not claiming the people didn't get diamonds... they just didn't get "Tiffany".
 
2013-02-15 10:09:18 AM  
How was I to know Sweetcheeks?  Sure it was a little odd that they came in a twelve-pack but they came right out of a robin's egg blue shipping container!
 
2013-02-15 11:39:08 AM  
Or it's legit, but purchased somewhere else in the world where Tiffany sells the identical product for much less money. See also: wristwatches, university textbooks, ...
 
2013-02-15 11:42:56 AM  
Costco also carries refurbished luxury watches.

/nearly bought a Breitling Super Ocean there (got better deal from Tourneau)
//I know, Tourneau sucks too
 
2013-02-15 11:46:55 AM  

detroitdoesntsuckthatbad: Costco also carries refurbished luxury watches.

/nearly bought a Breitling Super Ocean there (got better deal from Tourneau)
//I know, Tourneau sucks too


I carry an Apple iPhone-brand watch.
 
2013-02-15 12:07:32 PM  
Didn't Omega go through this? Costco buyers pick up the jewelry in countries where it's a lot cheaper, then sell it here as gray-market. Sounds like Tiffany is trying to protect their huge profit margins by claiming that the name Tiffany is only valid if bought from their U.S. shops even if everything is identical but from the Philippines (as an example)
 
2013-02-15 12:15:45 PM  
Whatever.  That was a genuine Tiifany ring that I bought.
 
2013-02-15 12:16:36 PM  
Pretty straightforward trademark infringement.

Costco supposedly markets other of its diamond rings in styles with other girls' names "Chelsea", "Audrey", "Kathryn" etc. and one of them happened to be "Tiffany".

BUT - it doesn't take a genius to see that the "Tiffany" diamond ring is guaranteed to cause confusion with a "Tiffany diamond ring" and it's either the result of an absolute moron in the jewelry department making a dumb mistake, or the result of intentional infringement on Tiffany's (the company) trademark.

I'm just surprised it took this long to discover - you'd think that Tiffany would spend at least 20 minutes a week looking around the internet for supposed Tiffany diamond rings being sold by other vendors.
 
2013-02-15 12:28:51 PM  
 
2013-02-15 12:32:55 PM  
Hmmm, Costco doesn't usually get wrapped up in this kind of bullshiat. I don't think they are specifically selling known fakes as "Tiffany". There's more to this story. As some have stated, they could have bought them where Tiffany is selling them cheaper under another name and relabeled them with the more or less "proper" name...
 
2013-02-15 12:35:15 PM  
Yeah, I know this place pretty good. I went to law school here.
 
2013-02-15 12:38:20 PM  
But my Rolllex is real?
 
2013-02-15 01:05:26 PM  

cefm: Pretty straightforward trademark infringement.

Costco supposedly markets other of its diamond rings in styles with other girls' names "Chelsea", "Audrey", "Kathryn" etc. and one of them happened to be "Tiffany".

BUT - it doesn't take a genius to see that the "Tiffany" diamond ring is guaranteed to cause confusion with a "Tiffany diamond ring" and it's either the result of an absolute moron in the jewelry department making a dumb mistake, or the result of intentional infringement on Tiffany's (the company) trademark.

I'm just surprised it took this long to discover - you'd think that Tiffany would spend at least 20 minutes a week looking around the internet for supposed Tiffany diamond rings being sold by other vendors.


If you click the "source" link in the article subby linked to, it explains that it appears Costco was marketing them as Tiffany in brick and mortar but using different names for the same products online, or so Tiffany claims.
 
2013-02-15 02:05:14 PM  
As I recall, Costco was outed for selling sake Fendi bags once.
 
2013-02-15 02:05:28 PM  
You sure it wasn't a Tifany ring Costco was selling?
 
2013-02-15 02:37:14 PM  

Trivia Jockey: Tiffany sues Costco over alleged knockoff engagement rings; Tiffany's lawyer says of the rings in question "I think they're a clone, now"


Ughhh....okay, that was clever but still....ughhh
 
2013-02-15 03:11:24 PM  
I hate when the link goes to an aggregater. Here's the full(er) story:

http://www.reuters.com/article/2013/02/14/us-costco-tiffany-idUSBRE9 1D 1K220130214
 
2013-02-15 03:12:29 PM  
I didn't know Costco sold any premium brand anything.  What's next, a law degree?
 
2013-02-15 03:52:52 PM  

Gig103: Didn't Omega go through this? Costco buyers pick up the jewelry in countries where it's a lot cheaper, then sell it here as gray-market. Sounds like Tiffany is trying to protect their huge profit margins by claiming that the name Tiffany is only valid if bought from their U.S. shops even if everything is identical but from the Philippines (as an example)


That's not what Tiffany says:

"Neither of the rings identified in the Huntington Beach (Costco) store as 'Tiffany' was, in fact, a Tiffany ring, nor was it manufactured by, approved by, licensed by, or otherwise in any way properly associated with Tiffany."
 
2013-02-15 04:18:53 PM  
Buy your jewelry at Costco and your breakfast at Tiffany's.
 
2013-02-15 04:47:32 PM  

groppet: But my Rolllex is real?


I bought my Bullova there.
 
2013-02-15 05:19:14 PM  

Big_Fat_Liar: I didn't know Costco sold any premium brand anything.  What's next, a law degree?


Their kirkland brand is high quality, and I've seen multiple sources say the olive oil they carry is of very high quality.

I wish I had one near me.
 
2013-02-15 05:25:38 PM  
Ha, the jokes on you, good luck returning that blowjob.
 
2013-02-15 05:52:28 PM  

Myria: detroitdoesntsuckthatbad: Costco also carries refurbished luxury watches.

/nearly bought a Breitling Super Ocean there (got better deal from Tourneau)
//I know, Tourneau sucks too

I carry an Apple iPhone-brand watch.


If you don't understand why a fine timepiece is desirable the you've never owned one.

/collect watches, fun hobby but sure ain't cheap.
 
2013-02-15 06:15:55 PM  

BarkingUnicorn: "Neither of the rings identified in the Huntington Beach (Costco) store as 'Tiffany' was, in fact, a Tiffany ring, nor was it manufactured by, approved by, licensed by, or otherwise in any way properly associated with Tiffany."


That statement sounds like legalese designed to muddy the waters. Words like "approved", "licensed", and "properly" are the sticking points as far as Tiffany is concerned.

If a Tiffany in Brazil designed and manufactured the rings for that market, then as far as the consumer and Costco are concerned, it's a Tiffany product. But not to lawyers and Tiffany & Co. They want to protect their brand and scare people away from paying a fraction of the retail price.

For a similar example, use scorpion antivenom. In Mexico, it's $100 per dose, and in the USA it's sold to hospitals for $3,780 per dose, made by the same manufacturer, but priced for different markets. (Citation)
 
2013-02-15 08:02:56 PM  

Gig103: BarkingUnicorn: "Neither of the rings identified in the Huntington Beach (Costco) store as 'Tiffany' was, in fact, a Tiffany ring, nor was it manufactured by, approved by, licensed by, or otherwise in any way properly associated with Tiffany."

That statement sounds like legalese designed to muddy the waters. Words like "approved", "licensed", and "properly" are the sticking points as far as Tiffany is concerned.

If a Tiffany in Brazil designed and manufactured the rings for that market, then as far as the consumer and Costco are concerned, it's a Tiffany product. But not to lawyers and Tiffany & Co. They want to protect their brand and scare people away from paying a fraction of the retail price.

For a similar example, use scorpion antivenom. In Mexico, it's $100 per dose, and in the USA it's sold to hospitals for $3,780 per dose, made by the same manufacturer, but priced for different markets. (Citation)


That free trade; globalized economy that corporate types are always talking up? Turns out they really hate free trade and a global economy. They can only use cheap labor for first world profitability for so long. It's shiat like that that started video and music piracy. By dividing the world into different markets with different pricing and different release schedules they bring upon themselves their own demise. Over the long run, the people will do whatever it takes to undermine discriminatory economic policies, however legal they may be. When I have people in Turkey offering me a huge markup on illicitly shipping clothes with store brand names that specificly prohibit the export of their brand overseas, there is a big problem. No, I didn't take them up on their offer but there is no compelling reason that I know of to prohibit such things other than "we want to control everything." Guess what? Once you sell something, you lose control over it. Period. You may think you have "rights" and stuff but that is an artificial construct that is constantly being undermined by incompetence and blindness on the part of rightholders who ignore opportunities and try to play these petty power games. And I say this as a writer and an aspiring screenwriter who both benefits from and is hurt by these factors.

/crap like this is why I turned down the MBA program, I can't abide by the current system and I certainly won't help perpetuate it
//NAFTA etc is a joke as long as there are any import/export controls in place
 
2013-02-16 09:21:29 AM  
Seems like for some Tiffany products, you might be able to save money by booking a week vacation in a country where their products are much cheaper, and buying your engagement ring there...
 
2013-02-16 12:54:08 PM  

BolloxReader: Gig103: BarkingUnicorn: "Neither of the rings identified in the Huntington Beach (Costco) store as 'Tiffany' was, in fact, a Tiffany ring, nor was it manufactured by, approved by, licensed by, or otherwise in any way properly associated with Tiffany."

That statement sounds like legalese designed to muddy the waters. Words like "approved", "licensed", and "properly" are the sticking points as far as Tiffany is concerned.

If a Tiffany in Brazil designed and manufactured the rings for that market, then as far as the consumer and Costco are concerned, it's a Tiffany product. But not to lawyers and Tiffany & Co. They want to protect their brand and scare people away from paying a fraction of the retail price.

For a similar example, use scorpion antivenom. In Mexico, it's $100 per dose, and in the USA it's sold to hospitals for $3,780 per dose, made by the same manufacturer, but priced for different markets. (Citation)

That free trade; globalized economy that corporate types are always talking up? Turns out they really hate free trade and a global economy. They can only use cheap labor for first world profitability for so long. It's shiat like that that started video and music piracy. By dividing the world into different markets with different pricing and different release schedules they bring upon themselves their own demise. Over the long run, the people will do whatever it takes to undermine discriminatory economic policies, however legal they may be. When I have people in Turkey offering me a huge markup on illicitly shipping clothes with store brand names that specificly prohibit the export of their brand overseas, there is a big problem. No, I didn't take them up on their offer but there is no compelling reason that I know of to prohibit such things other than "we want to control everything." Guess what? Once you sell something, you lose control over it. Period. You may think you have "rights" and stuff but that is an artificial construct that is constantly bein ...


Except... Tiffany didn't make these rings... anywhere. So your rant is misplaced.
 
Displayed 28 of 28 comments

View Voting Results: Smartest and Funniest


This thread is archived, and closed to new comments.

Continue Farking
Submit a Link »






Report