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Rolex Watch USA, a luxury watch brand, sued WatchStyler Inc, a customs part provider for Rolex watches (as specified by their official website) for trademark infringement related to the sale of allegedly counterfeit watches.
The luxury watch brand, which filed a complaint in the US district on February 1 stated that on numerous occasions over the past few years, it purchased watches that used its registered trademarks from a website by Watchstyler, which, according to them, was not licensed to sell Rolex watches.
The trademark of the luxury watch brand on the counterfeit watches and the materials that were used in their manufacturing are inferior, asserts Rolex. The brand went on to state that Watchstyler knowingly used these spurious designations.
As India eyes global leadership in media, entertainment and gaming, Storyboard18's Digital Entertainment Summit, set to take place on June 27 in the capital, will spotlight the bold strategies, policy pathways and creative innovations shaping the future of the industry.
Read MoreFrom the chiefs of Nestle, Diageo, Colgate, PepsiCo, Zetwerk and CRED to AI visionaries, marketing mavens, top creators, ad legends and leading global agencies' CEOs, the brightest minds converged at the Storyboard18 Global Pioneers Summit for an action-packed day of meaningful dialogues on creativity, commerce and culture.