I've never known someone that has bought a counterfeit luxury good that would spend the money for the real thing. I don't think Tiffany or Louis Vuitton lose a sale, I think the lower price point brands lose out. The luxury brands should worry when they are not counterfeited.
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Saying all that I don't think Costco acted properly. I think they should be punished, a percentage of jewelry sales should be turned over to Tiffany. As far as membership fees, that is a stretch suggesting that the rings brought in customers.
End of conversation
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Interesting @Lindofromja.
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