Richemont Wins Court Order Blocking Websites Selling Fakes

Cartier campaign | Source: Cartier

Compagnie Financiere Richemont SA, which sells Cartier watches and other luxury brands, won a U.K. court ruling that orders Internet providers to block websites selling counterfeit goods, in what a judge said was one of the first cases of its kind in Europe.

…Continue Reading

American Apparel Said to Pay Interest as CEO Crisis Eases

American Apparel store | Source: Reuters

American Apparel Inc., which was threatened with default after the ouster of Chief Executive Officer Dov Charney in June, plans to take another step toward stability today by paying interest on its bonds, according to people familiar with the situation.

…Continue Reading