David Yurman Obtains Default Judgment, Permanent Injunction, and Monetary Award Against Counterfeiters On January 2, 2019, the United States District Court for the Southern District of New York entered a default judgment in favor of American luxury jeweler David Yurman, awarding the company $1,550,000 in aggregate statutory damages against 31 defendants who operated … Read more
LVMH and Google join forces to fight fakes and commit to innovate for a more engaging Internet. In a joint effort to develop new ways of engaging consumers online, LVMH luxury group and Internet search engine Google have agreed to work together to fight the sale of counterfeit luxury goods online. This agreement ends 10 … Read more
Fake products harm the economy, as they damage legitimate business and starve innovation. Counterfeiting activities account for over €200 billion in losses for the world economy and it is estimated that such losses may climb further, according to European Commission‘s latest study “Too good to be true: the real price of fake products”, a report … Read more