LVMH, the world's largest luxury goods company, has unveiled a 3.7bn euros ($5.18bn; £3.18bn) all-share deal to take over Italian jeweller Bulgari.
— Read more at LVMH to take over Bulgari in 3.7bn euros deal at BBC News. Hermès, so far, is holding out.
France’s luxury goods industry won a new victory in its battle with eBay yesterday when the online auctioneer was fined €1.7 million (£1.55 million) for breaching an injunction banning the sale of perfumes and beauty products made by LVMH.
— Read more at LVMH enjoys sweet smell of victory against eBay at the UK Times Online. The other side, according to eBay…
A French court on Friday ordered online auction site eBay to pay 80,000 euros (118,000 dollars) to Louis Vuitton for selling fake luxury perfumes, LVMH said.
"The court found that in using key words from certain LVMH brands, eBay had commited several acts of counterfeiting," LVMH said in a statement.
— Read more at EBay fined again for selling fake Louis Vuitton goods online at France 24.
The French Court of Appeals today denied eBay’s petition to stay an injunction issued June 30 by a Parisian court that requires eBay to halt all sales of four LVMH perfumes [Kenzo, Guerlain, Dior, Givenchy] over any site worldwide that is accessible from France, according to an eBay spokesperson.
[...] The lower court’s order bans not just sales of counterfeits, but sales of genuine bottles of these perfumes [...] According to lawyers for both sides, the injunction even forbids individuals from reselling genuine LVMH products that they received as gifts.
— Read more at Fortune Magazine's Legal Pad blog. And if you missed them, see part 1 and part 2.
A French court on Monday ordered online auctioneer eBay to pay nearly 40 million euros in damages to Louis Vuitton for selling fake luxury goods, in a ruling cheered as a victory for copyright protection.
The Paris commercial court ruled in favour of six LVMH brands and also barred eBay from selling four perfumes -- Christian Dior, Kenzo, Givenchy and Guerlain -- on its websites.
— From eBay fined for selling fake Louis Vuitton goods online. As most of you know, perfume decants disappeared from eBay a little over a year ago; it will be interesting to see what happens next.
Stella McCartney in conversation with Alexandra Shulman (video, talks about new scent L.I.L.Y) http://t.co/VAKYigvK "French parfumier Guerlain on trial over 'race slurs'" article at Telegraph http://t.co/lVDxoZMi Vote for NST's Mood Board on FB and win a Zoya Nail Polish collection! http://t.co/MXHMN7I3