CATEGORY ARCHIVES: THE FASHION LAWYER
Louis Vuitton and Hermes: The Only Luxe Brands on the Top 100 Most Valuable Global Brands 2012 List
364 days ago - The Fashion Lawyer, Vanity CoutureBrandz top 100 most valuable global brands 2012 is out and the only luxury brands on the list are LV and Hermes. Louis Vuitton is at number 21 with brand value of $25,920 million, and a brand contribution index of 5. Hermes made the list at number 32 with a brand value of $19,161 million, … Read More
Fashion Shows in Delhi to be Taxed: 50% Entertainment Tax on FDCI’s Shows Will be Enforced
365 days ago - Fashion Incubator, The Fashion LawyerThe government imposed a 50% entertainment tax on ramp shows organised by the Fashion Design Council in India (FDCI) a couple years ago. The fashion community was very upset and questioned the relevance of the tax. To them, fashion shows are not entertainment and to call them that is an insult to their craft. The … Read More
Guess Having a Bad Financial Year: Annual Profits Drop and Gucci Gets $4.66 Million in Lawsuit
366 days ago - The Fashion LawyerGuess is certainly not having a great financial year. I recently posted that Gucci was awarded $4.66m for Guess’ IPR infringement. New information obtained shows that Guess reached a 3 year low this week and was valued at 3.5 times earning before interest, taxes, depreciation and amortisation, which is the lowest of any retailer or … Read More
Gucci Wins Lawsuit Against Guess: What This $4.66 Million Win Means for Business
367 days ago - The Fashion LawyerI am sure you have heard by now that Gucci was awarded $4.66 million by US District Judge Shira Scheindlin in the case Gucci America Inc. v Guess Inc et al, US District Court, Southern District of New York, No. 09-04373. This lawsuit started 3 years ago, when Gucci filed a claim stating that Guess, … Read More
Fashion World: Who Wants to be the Fashion Capital of Southeast Asia?
372 days ago - Fashion Incubator, The Fashion LawyerFashion is big business, never underestimate its importance. Asia has become one of the biggest hotspots for fashion brands, especially luxury labels that experience sales increases in Asia, even though sales are dropping elsewhere, for example, in Europe due to austerity measures. One thing is certain, sales are not dropping in Asia, as the nouveau … Read More
Procter & Gamble Moving its Beauty Unit to Singapore
373 days ago - The Fashion LawyerProcter & Gamble have indicated that due to the growing Asian market, it will be relocating from Ohio to Singapore. Procter & Gamble’s brands include CoverGirl makeup, Olay, SK-II skin care and Secret deodorant. Asia has become one of the biggest markets for fashion brands, so this move is not surprising as more and more … Read More
French Court Overturns Ruling in the LVMH v eBay Lawsuit
373 days ago - The Fashion LawyerIn 2008, a French court ordered eBay to pay LVMH 38.5 million euros. A subsequent appeals court reduced this sum to 5.7 million euros but affirmed that eBay was in the wrong. Earlier this month, France’s highest appeals court (Cour de Cassation) overturned the ruling against eBay. The court found that the lower courts did not … Read More
EC Legal Affairs Committee Chairman Upset Over the Handling of ACTA
373 days ago - The Fashion LawyerKlaus-Heiner Lehne, Chairman of the EC Legal Affairs Committee wrote a letter to Karel De Gucht, the EC Commissioner for Trade accusing the Commission of not referring the question of compatibility of the Anti-Counterfeiting Trade Agreement (ACTA) with the Treaties and the Charter of Fundamental Rights to the Court of Justice. The ACTA is between … Read More
South Korea, China and Japan Start Free Trade Agreement Talks
374 days ago - The Fashion LawyerHopes were raised for trilateral cooperation recently, when the leaders of China, South Korea and Japan agreed at a summit in Beijing to launch negotiations for a free trade agreement (FTA). The Chinese Premier Wen Jiabao at a joint press conference with President Lee Myung-bak and Japanese Prime Minister Yoshihiko Noda, said that: Northeast Asia … Read More
What is Fashion? Fashion According to Tom Ford
374 days ago - The Fashion LawyerWe all have our own view on fashion and so does Tom Ford. The designer was in New York and spoke at 92Y, where he stated that fashion is not so much an art as it is a functional item. I am sure the folks proposing intellectual property rights for the fashion industry do not … Read More