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.

Burberry Group, LVMH Moet Hennessy Louis Vuitton and PPR SA's Gucci unit were also awarded compensation from the mall's landlord.

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.