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February 20, 2007
People News. Knockoffs Landing on Retail Shelves
People News. Knockoffs Landing on Retail Shelves: Last year French luxury group LVMH Moët Hennessy Louis Vuitton filed suit against Wal-Mart. LVMH owns more than 50 luxury brands, including Fendi.
The suit maintains that a Wal-Mart Sam's Club sold counterfeit Fendi bags for $508.25. The real models typically retail for $930. A similar lawsuit has been filed by Coach against Target. There is a big difference between a street vendor in New York selling fakes and a trusted brand doing the same thing. Is this really a trend or just an anomaly?
Read Knockoffs Landing on Retail Shelves [Here]
Posted by james at February 20, 2007 06:12 PM