Coach, well known for its distinctive handbags, has been dealing with the issue of counterfeited items for years. On Friday, the retailer announced a significant win against the predators who trade upon its brand name. Coach said it obtained a default judgment of $257 million in Illinois Federal Court against people and businesses operating websites selling counterfeited Coach merchandise. Furthermore, the Court awarded Coach ownership of 573 domain names. These domains were allegedly used as part of the illicit sales of fake Coach items online.
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Coach Grabs Win Against Counterfeiters
November 5, 2012
From Auctionbytes.com
Coach, well known for its distinctive handbags, has been dealing with the issue of counterfeited items for years. On Friday, the retailer announced a significant win against the predators who trade upon its brand name. Coach said it obtained a default judgment of $257 million in Illinois Federal Court against people and businesses operating websites selling counterfeited Coach merchandise. Furthermore, the Court awarded Coach ownership of 573 domain names. These domains were allegedly used as part of the illicit sales of fake Coach items online.
Coach exceeds profit expectations for Q1
October 23, 2012
From Chain Store Age
New York -- Coach Inc. reported Tuesday that profit for the quarter ended Sept. 29 rose 3% to $221.4 million, compared with $215 million for the same period last year and beating Wall Street expectations.
Sales surged 11% to $1.16 billion, in line with...
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