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Louis Vuitton, Burberry Win Record Damages in Counterfeit Case

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Vancouver–Luxurygoods brands Louis Vuitton and Burberry won record damages of $2.5 million Canadian (about $2.6 million) in a “landmark” counterfeiting and copyright case in Canada. The award from the country’s Federal Court included $1.4 million Canadian for Louis Vuitton and $1.1 million Canadian for co-plaintiffs Burberry Ltd. and Burberry Canada. …

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European Stocks Rise as LVMH, Burberry Report Sales Gains

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LVMH Q1 Sales Rise 17%, Strong Across All Categories Paris—LVMH, the world’s largest luxurygoods conglomerate, reported Monday that first-quarter revenue jumped 17% to 5.25 billion euros ($7.47 billion), with operations in the United States, Europe and Asia all enjoying “strong momentum.” LVMH’s sales beat beating analyst expectations for 4.95 billion …