Salvatore Ferragamo Wins $60 Million in Its Fight Against Counterfeit Products

Mar 21, 2018 732

BY: Luisa Zargani

The Salvatore Ferragamo Group can add a notch in its designer leather belt, as it has scored yet another victory in its fight against counterfeiting. The New York Southern District Court has awarded the Florence, Italy-based luxury company compensation of $60 million, delivering an injunction against 60 unidentified holders of illegal online profiles that were selling counterfeit Ferragamo products.

The court transferred to the brand around 150 domain names that were infringing upon its rights. The amount is identified as exemplary since the defendants are hard to locate and thus the compensation is unlikely to ever be collected as in most counterfeit cases of this type.

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SOURCE: http://footwearnews.com/

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