Salvatore Ferragamo has won $60 million in a counterfeit and trademark infringement lawsuit against 60 unidentified operators of over 100 websites selling counterfeits in a New York federal court.
According to an article on WWD, Salvatore Ferragamo has won $60 million in a counterfeit and trademark infringement lawsuit against 60 unidentified operators of over 100 websites selling counterfeits in a New York federal court. The Italian luxury brand was given the awards after none of the operators responded to the lawsuit or appeared in court, which is usual for lawsuits like these.
Chairman and CEO Ferruccio Ferragamo also says the award is “the highest ever awarded for this type of violation.” While the brand will probably only receive a small portion of the $60 million award, Ferragamo says the brand is “extremely pleased with the decision of the New York court.” The operators are also no longer able to continue selling counterfeits and the brand has been given ownership of the websites which sold the counterfeits.
Although, the operators of the counterfeit selling websites will probably have new websites to replace the ones given to Salvatore Ferragamo soon. They may even sell counterfeits on websites like eBay where products aren’t authenticated the way they would be on other websites.
These lawsuits seem to be quite ridiculous where brands file the lawsuit, the operators don’t respond to the lawsuit or appear in court, brands are awarded money but only receive a small portion of it, and the operators just replace their websites and continue selling the counterfeits anyway. So, why do brands file these lawsuits?
These kinds of lawsuits are a relatively inexpensive way to let the operators of these websites know that the law will be enforced and that they won’t win in selling the counterfeits, according to an article on The Fashion Law.
As for whether the operators of these websites will stop selling counterfeits, we’ll just have to wait and see.
So, what do you think? Will the operators of counterfeit selling website stop selling counterfeits? Let me know in the comments below. Also, don’t forget to subscribe to get new posts sent directly to your inbox and follow me on Facebook, Instagram, and Snapchat.
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