Gucci, Foreign Luxury Brands Sue Alibaba In New York Over Sales Of Counterfeits |
| May 18, 2015 | May 2015 Bond Updates |
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Gucci, Yves Saint Laurent and other brands owned by Kering SA filed a lawsuit in New York on Friday against China e-commerce giant Alibaba Group for knowingly allowing the sale of fakes on its website, the South China Morning Post reported today. |
| View more at: http://www.forbes.com/sites/russellflannery/2015/05/17/gucci-foreign-luxury-brands-sue-alibaba-in-new-york-over-sales-of-counterfeits/ |
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