Havana Club ‘latest’ judgement…

By Administrator |

Pernod Ricard has issued a statement pointing to a Provincial Court of Madrid judgement claiming that Bacardi's claim to ownership of the Havana Club brand in Spain is ‘unfounded’.

Pernod Ricard said: ‘The Court ruled that Bacardi?s claims over the brand?s ownership in Spain were unfounded as the trademark had never been used by the previous owner and wasn?t renewed when itexpired. Furthermore, the Court recognised that the prestige of the Havana Club trademark resulted directly and solely from Havana Club International?s efforts and investment.
‘Bacardi?s complaints, it said, were intended only to undermine the success of a competitor who was taking market share from Bacardi.’Finally, the Court pointed out that selling a rum other than of Cuban origin under the ?Havana? name would mislead consumers.’
While Bacardi will doubtless have something to say about this statement in due course, Pernod Ricard says it welcomes this latest ruling that ‘recognises the rights of Pernod Ricard and its Cuban associates, through Havana Club Holding to the Havana Club trademark.’

International

OUT NOW: TRBusiness Aug/Sep 2024 e-zine

The TRBusiness August/September e-zine is now live and ready to view – click here or scroll...

International

Optimism levels tumble Q2 TR Confidence Tracker

Optimism levels among respondents to the Q2 2024 TR Confidence Tracker, sponsored by Suntory...

International

Estée Lauder reports continued struggles in mainland China and GTR

The Estée Lauder Companies reported net sales of $15.61bn for the fiscal year ended 30 June...

image description

In the Magazine

TRBusiness Magazine is free to access. Read the latest issue now.

E-mail this link to a friend