Jewelery brands Cartier and Tiffany in dispute over espionage when making exclusive jewelery | Financial

A former employee of Cartier, who switched to Tiffany and is said to have shared confidential information from her previous employer, is also a target of the indictment.

Megan Marino was lured away from Cartier by Tiffany to work on the so-called “high jewelry”. These are very exclusive jewelry, including jewelry that is made to order. The prices of such jewels can reach up to 10 million euros.

Clause

According to the indictment, Marino provided information about Cartier to Tiffany. In doing so, she would have violated a clause in her employment contract with Cartier.

Cartier is owned by the Swiss luxury group Richemont. Tiffany, originally from New York, has recently become French-owned. The luxury group LVMH behind, among other things, fashion and bags from Louis Vuitton, fashion from Christian Dior, Celine and Kenzo and Moët et Chandon champagne, took over the jewelry chain last year.

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