Law360, San Diego (June 10, 2011, 9:42 PM EDT) -- Tory Burch LLC announced Friday that a New York federal court awarded the luxury brand retailer a whopping $164 million in total damages after finding that operators of hundreds of websites sold knock-off versions of its ballet flats and other accessories.
The company claims the judgment is the largest award the fashion industry has ever received in its fight against online counterfeiters.
“Many people think that buying a fake product is harmless, but counterfeiting is estimated to result in annual losses of over $20 billion to...
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