Apparently, all those fake LV bags have added up over the years.
As we’re sure many of you are aware, there are lots of fake bags and accessories sold on auction sites in Hong Kong and around the world. Well now, Louis Vuitton has won a big lawsuit against the auction giant eBay:
A Paris court on Monday ordered Internet auctioneer eBay to pay $63 million in damages to Louis Vuitton for selling fake luxury goods online, according to reports.
“This decision is not based on combating counterfeit material. It is based on LVMH’s desire to protect its commercial practices and exclude competition,” a spokeswoman for eBay in Paris told AFP.
eBay was ordered to pay $30.40 million to LVMH and $25.7 to its sister company Christian Dior Couture for damage to their brand images and causing moral harm.
More on the story here and here. But you can still find alot of Louis Vuitton products on the eBay Hong Kong website here, so even if you are selling a real LV handbags you’ll be under alot more scrutiny than ever before.