Now Reading
Jewelry Giants Face Off As Cartier Sues Tiffany & Co. For Stealing Trade Secrets

Jewelry Giants Face Off As Cartier Sues Tiffany & Co. For Stealing Trade Secrets


Cartier has sued LVMH jewelry brand Tiffany & Co. for stealing trade secrets pertaining to its most exclusive products. In the lawsuit, which was filed in New York on Monday, February 28, Cartier accuses Tiffany of stealing the trade secrets in question by way of a former employee. Tiffany, specifically, is alleged to have “hired away” junior manager Megan Marino as part of a larger effort to embolden their high jewelry-focused division.

The complaint, which also names Marino, who is accused of downloading confidential Cartier information before leaving the company and later sharing it with fellow Tiffany employees, goes so far as to proclaim that Tiffany & Co. “used quick money and title advancement to lure away an under-qualified employee from a successful competitor, knowing she lacked the experience and knowledge to perform a high jewelry manager role.”

View this post on Instagram

A post shared by The Fashion Law (@thefashionlaw)

“Immediately upon hire, Tiffany’s president for the Americas met with this junior manager for the express purpose of obtaining information about Cartier, openly asking for highly valuable, detailed confidential information that would foster unfair competition.” Tiffany & Co. denied Cartier’s claims and characterized them as “baseless allegations.”

According to lawsuit documents, Marino is reported to have been fired from her new Tiffany job after the brand’s legal team was made aware of the situation. Meanwhile, Marino said in an affidavit that Tiffany was allegedly “more interested” in bringing her aboard the team as an information source than as a legitimate manager.

The legal battle comes in the midst of an ongoing rebrand for Tiffany & Co., which has sought to elevate and rejuvenate its image under LVMH’s leadership.

This is the second time in recent memory that Cartier has taken legal action against Tiffany for attempting to steal company secrets. Back in 2014, a former advertising executive was accused of trying to get her former assistant to join her at Tiffany and bring along restricted information.

For the latest in fashion, lifestyle and culture, follow us on Instagram @StyleRave_

This is a Style Rave original content exclusively created for our readers. If reproduced, distributed, transmitted, cached, or otherwise used by any other publishing house or blogs, such use should provide a direct link to this source article. Use of and/or registration on any portion of this site constitutes acceptance of our Terms & Conditions and Privacy Policy.  

—Read Also

Style Rave participates in various affiliate marketing programs, which means we may get paid commissions on editorially chosen products purchased through our links to retailer sites.

Copyright © 2022 Style Rave NG LLC dba STYLE RAVE

Scroll To Top