A "designer inspired" necklace from Overstockjeweler.com
Several well known designer jewelry firms have won two separate
lawsuits filed in the beginning of July against online jewelry site Overstockjeweler.com.
The plaintiff firms accused the site of several allegations, the most
serious of which included copying various trademarked designs from fine
jewelry houses including David Yurman, Cartier, Bulgari, Van Cleef & Arpels, and Gucci, and then selling them under the banners of "inspired by" or "replicas of."
The U.S. District Court in Manhattan issued a permanent consent
injunction against Overstockjeweler.com on July 9, preventing the web
from committing further infringements. Both sides of the suit have been
waiting for a settlement, which was released last week on July 24th.
The terms of the agreement included Overstockjeweler.com and its
president, Elena Castaneda, promising not to use the trademarked designs of the labels involved again, and apologizing for the harm the "unauthorized wares" has caused the companies. The plaintiffs said the settlement also included a “substantial cash component,”
though the amount was not disclosed. Perhaps the next settlement will
be, however, since WWD has reported that as of last Friday the site was
still boasting jewelry as "Tiffany inspired."
Article Source: WWD
Photo Source: overstockjeweler.com
Tags: Ali Rajput, Bulgari, Cartier, court, David Yurman, designs, Elena Castaneda, Gucci, infringements, inspired, inspired by, lawsuit, Overstockjeweler.com, replicas of, settlement, suit, The U.S. District Court in Manhattan, Tiffany, trademark, Van Cleef & Arpels