Acting on complaints by Tiffany & Co. (NYSE-TIF), the Luohu Branch of Shenzhen Bureau of Quality and Technical Supervision, working in conjunction with Chang Tsi & Partners, took action against an establishment responsible for production and distribution of counterfeit TIFFANY & CO. jewelry.
Officials seized over 26,000 items of counterfeit TIFFANY & CO. jewelry in the raid, including knock-offs of some of Tiffany's best-known jewelry designs. Counterfeit packaging, including boxes bearing the TIFFANY & CO. trademark in Tiffany’s trademarked blue shade, was also seized. This seizure is the most recent in numerous actions that have taken place in China this year.
"Tiffany appreciates the Government's action to protect the public and Tiffany from these fraudulent activities," said David McGowan, Vice President-Worldwide Security & Trademark Enforcement Services, Tiffany & Co. "Those who traffic in phony merchandise cheat customers and debase the integrity of brands that have taken many decades to establish. We will continue to actively support work to protect the public as well as our famous name and trademark."
The TIFFANY & CO. name is a symbol of the finest design and highest quality, and Tiffany & Co. is committed to maintaining its reputation and protecting its loyal customer base from such duplicity.
TIFFANY & CO. operates jewelry and specialty retail stores and manufactures products through its subsidiary corporations. Its principal subsidiary is Tiffany and Company. The Company operates TIFFANY & CO. retail stores and boutiques in the Americas, Asia-Pacific and Europe and engages in direct selling through Internet, catalog and business gift operations. Other operations include consolidated results from ventures operated under trademarks or trade names other than TIFFANY & CO. For additional information, please visit tiffanystyle.us.
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