Since late October, Barneys has been battling a PR nightmare that hit just in time for the holidays.
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French fashion house Céline received design patents for two of its iconic handbags to protect its designs and image, which seems to be a current trend in the fashion industry.
As luxury conglomerate LVMH Moët Hennessy Louis Vuitton recently decided to forgo its expected appeal and take the fine handed down by Autorité des Marchés Financiers, or AMF, for acquiring shares in family-owned French leather goods maker Hermès, there are a few takeaways for the luxury industry.
Italian fashion house Gucci has filed a lawsuit against a number of counterfeit Web sites and online merchants to help protect the brand’s image, although the legal battles are not likely to stop counterfeiters.
U.S. label Michael Kors is protecting the reputation of its brand by filing a lawsuit against Costco Wholesale Corp. for falsely advertising that its products were sold at the retailer.
Luxury conglomerate LVMH Moët Hennessy Louis Vuitton was fined $10.4 million by the Autorité des Marchés Financiers for its way of acquiring a share in family-owned French leather goods maker Hermès.
Family-owned Hermès filed a lawsuit against luxury conglomerate LVMH Moët Hennessy Louis Vuitton in an attempt to cancel complex derivatives that allowed Dior’s parent to build up its ownership of Hermès.
Italian designers Domenico Dolce and Stefano Gabbana were sentenced to one year and eight months in prison for tax evasion, but the court’s decision is not likely to damage their brand in the long run.
The proposed bill to curtail the rampant sale of counterfeit luxury items in New York and protect brand integrity hones in on consumers rather than vendors.
Luxury conglomerate LVMH Moët Hennessy Louis Vuitton filed another lawsuit June 4 against a manager at family-owned Hermès, which deepens the legal battle between the two and signifies that a reputation is at stake.