A federal court case was just recently lost by Louis Vuitton, the luxury designer handbag giant. The French corporation brought a suit against a Nevada company called "Haute Diggity Dog" (I'm not making this up!), who Louis Vuitton claimed infringed on their trademark handbag.
This upstart Nevada company makes a line of dog toys they call "Chewy Vuiton" that sells in pet stores for about $20. The toy has the well know monogram except instead of "LV" it reads "CV" and is in the shape of a handbag.
The toy is obviously a parody of Louis Vuitton but the key question the judge asked was could one be mistaken for the other? The somewhat obvious answer is a resounding "no"! To me, the question is does anyone have a sense of humor anymore or are they so intent on making money that common sense has gone out the door?
Showing posts with label Louis Vuitton Bags. Show all posts
Showing posts with label Louis Vuitton Bags. Show all posts
Friday, January 04, 2008
Sunday, July 15, 2007
Counterfeit Designer Handbags - Sales At An All Time High
According to iacc.org (International Anti-Counterfeiting Coalition), global sales of counterfeit goods (including handbags) is at an all time high of $600 billion per year. Raids on warehouses just in the New York area have netted over $230 million alone in fake goods and the estimate is that counterfeiters have imported more than $700 million over the past 24 months.
The iacc.org group puts part of the problem on education and outlook. They point out that if someone bought medication online that wasn't real, they would be upset but these same people are happy to buy a Louis Vuitton at what they consider to be a great price even if it isn't genuine.
I personally don't think it is the same but I understand the point they are trying to make. Statistics show that about 60% of the fake goods come from China and, if you have been following the news lately, you know the problems with "fake" dog food and toothpaste with added unhealthy ingredients - these are examples that have physically harmed individuals and their pets.
I found it interesting that the iacc estimates the cost to make and ship a fake Louis Vuitton handbag is about $6.00 so if you pay $100, the counterfeiters are making $94.00 just on that one handbag!
Handbag companies themselves are getting tough including Kate Spade and Louis Vuitton. These companies spend millions building their brand name. It was William Shapespeare who said “Who steals my purse, steals trash, but he that filches from me my good name robs me of that which not enriches him and makes me poor indeed.”
The iacc.org group puts part of the problem on education and outlook. They point out that if someone bought medication online that wasn't real, they would be upset but these same people are happy to buy a Louis Vuitton at what they consider to be a great price even if it isn't genuine.
I personally don't think it is the same but I understand the point they are trying to make. Statistics show that about 60% of the fake goods come from China and, if you have been following the news lately, you know the problems with "fake" dog food and toothpaste with added unhealthy ingredients - these are examples that have physically harmed individuals and their pets.
I found it interesting that the iacc estimates the cost to make and ship a fake Louis Vuitton handbag is about $6.00 so if you pay $100, the counterfeiters are making $94.00 just on that one handbag!
Handbag companies themselves are getting tough including Kate Spade and Louis Vuitton. These companies spend millions building their brand name. It was William Shapespeare who said “Who steals my purse, steals trash, but he that filches from me my good name robs me of that which not enriches him and makes me poor indeed.”
Friday, February 16, 2007
Coach Handbags Launches New Bag
Move over, Louis Vuitton, because Coach Handbags is about to launch a new signature logo bag made of coated canvas beginning this June, 2007. This type of handbag has long been a mainstay of the Louis Vuitton market and has always been a money maker for the bag designing giant.
Word is that this new Coach handbag is very stylish and should sell well, particularly in the Japanese market as well as the USA. The price will be significantly less than Louis Vuitton bags and this, along with a new line of fragrances by Coach, lead stock market watchers to predict that Coach stock should be a good investment for the coming year.
Word is that this new Coach handbag is very stylish and should sell well, particularly in the Japanese market as well as the USA. The price will be significantly less than Louis Vuitton bags and this, along with a new line of fragrances by Coach, lead stock market watchers to predict that Coach stock should be a good investment for the coming year.
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