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LVMH Report Signals Luxury Rebound?

In Reports, What's New, Industry News by Accessories Staff

Paris–This week’s strong first quarter showing by LVMH Moët Hennessy Louis Vuitton is fueling speculation that the “austerity chic” has ended for affluent consumers. When LVMH, the world’s leading luxurygoods conglomerate reported that its first-quarter revenue exceeded expectations, hitting 13% over the same period last year, many analysts project that …

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Coach Sues Dallas Retailer Over Alleged Fakes

In What's New, Industry News by Accessories Staff

Dallas–Coach Inc. is suing Sam Moon Trading Co., saying the Dallas-based fashion accessories retailer prominently displays and sells counterfeit Coach handbags and wallets in its stores. The lawsuit, filed last week in U.S. District Court in Dallas, claims the sale of the handbags dilutes Coach’s trademark. Investigators purchased four handbags at Sam Moon stores …