Italian Fashion Group Sues Wal-Mart For Selling Counterfeit Handbags

Reuters June 10, 2006 at 11:17 AM
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Italian fashion group Fendi S.R.L. sued Wal-Mart Stores Inc. (NYSE:WMT - news) in U.S. federal court on Friday, accusing the world's largest retailer of selling counterfeit handbags and passing them off as genuine at its Sam's Club warehouse stores.

Sam's Club stores in California, New York, Florida and other states sold knock off handbags, wallets and key chains that were identified as "genuine" Fendi products, according to the lawsuit filed in U.S. District Court in Manhattan.

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