Gucci wins $144 million in US counterfeit trial
New York City — Gucci on Thursday welcomed a US court’s decision to award the global fashion empire $144.2 million in damages from online sellers of counterfeit merchandise. A list of 155 domain names, sued for selling and promoting counterfeit Gucci merchandise, were ordered to shut down or surrender to Gucci within 30 days. Gucci filed the lawsuit earlier this year, accusing the online sellers of counterfeiting and cybersquatting. The court on Wednesday ruled in Gucci’s favor. The websites copied Gucci campaign advertisements, logos, product images and descriptions from official websites, and many also used Gucci in their domain name. The sites were registered in Britain, Canada, the Cocos Islands, France, Italy, Japan and the United States. Gucci president and CEO Patrizio di Marco welcomed the judgment and said the company would continue to fight against counterfeiting across the globe. The websites exploited “Gucci’s unique creativity which has been harmful to Gucci?s image, business and well-known trademark reputation for creating high quality artisanal ‘Made in Italy’ products,” the firm said.
Related Posts
Rs 56.9 lakh counterfeit notes found, 6 arrested as fake currency racket busted
In a major breakthrough, Telangana Police busted a fake currency racket in...
Counterfeit currency of face value Rs 26 lakh seized last year: Delhi Police
New Delhi, Feb 27 (IANS): The Delhi Police's anti-terror unit, the Special Cell,...
ASPA seeks mandatory authentication, anti-counterfeiting laws
With counterfeiting activities growing at the rate of 44 per cent, authentication...
Global economy loses $6b annually to counterfeit mobile phones
While the global economy loses about $6 billion annually to the menace of...