Two New York residents have been convicted of importing over 100 million dollars worth of fake luxury goods from China, in what the Justice Department called one of the biggest counterfeit cases in US history.
The next aspiring Marc Jacobs or Stella McCartney may find it harder to get financial backing as luxury dealmakers target well-established brands for growth and top design houses begin paring smaller assets.
The Italian fashion house Fendi won a court victory when a Manhattan federal judge ordered Filene's Basement to stop selling handbags and other goods bearing the Fendi name or trademark without permission.
For years Coach was synonymous with practical yet fashionable purses. With this month's release of the budget-conscious Poppy line, Coach, a luxury-retail marvel once ridiculed for being stodgy, will be increasingly a...