Versace Nets $20M From Retailers In Counterfeiting Suit

Law360, New York (May 6, 2010, 6:25 PM EDT) -- Upscale Italian fashion label Gianni Versace SpA has reportedly won $20 million from a group of U.S. retail stores that it accused of selling counterfeit versions of its products.

Versace said Thursday that the award, stemming from a 2003 suit in a federal district court in California, was one of the highest ever to an Italian company defending its trademark abroad, according to Reuters.

After the complaint was filed, law enforcement officials investigated more than 70 stores in Southern California and Arizona, and arrested over 110...
To view the full article, register now.