Audemars Piguet receives $ 9.8 million in damages
Audemars Piguet is pleased to announce that after a full trial of Swiss Watch International, which runs the worldofwatches.com website, in the Southern District Court of New York, it ruled that Audemars Piguet had exclusive rights to the trademark design of the Royal Oak watch, and the accused party sold the same Swiss The Legend Trimix Diver watch violates this exclusive right and involves unfair competition.
The court ruled that the defendant’s malicious behavior would increase the full amount of the defendant’s profits by three times as compensation, and Audemars Piguet could apply for compensation for lawyers’ fees and litigation fees. The court also issued an injunction prohibiting the defendant from further selling infringing watch products.
François-Henry Bennahmias, Chief Executive Officer of Audemars Piguet, solemnly declares: ‘The Royal Oak series is a pioneering design. After 40 years, this series is still unparalleled in the field of high-end sports watches. This true model is left in the history of modern watchmaking An indelible imprint, but this is just the beginning. Therefore, we strive to protect the patent rights of the Royal Oak design and insist that our trademarks be fully respected. This is our responsibility to Audemars Piguet and its founding family. –