CHINA: Luxury labels win case against fake goods sellers
Luxury labels including Chanel and Prada have won a court victory against a vendor of counterfeit goods in China, Bloomberg reported.
Beijing Xiushui Haosen Clothing Market, landlord at Beijing's Silk Street mall, has been ordered along with vendors to pay US$13,000 worth of compensation to the companies for the pirated goods.
The victory marks a key movement in tackling the international problem of fake goods, which especially plagues businesses from the highest end of the fashion market.
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