The Business of Fashion
Agenda-setting intelligence, analysis and advice for the global fashion community.
Agenda-setting intelligence, analysis and advice for the global fashion community.
In a one-page ruling on Dec. 30, US district judge Jed Rakoff shot down each side’s hopes of obtaining an immediate conclusion to the saga, with a trial set to commence on Jan. 30.
The French luxury house first sued Mason Rothschild over his NFTs depicting fuzzy and colourful digital renditions of its famed Birkin bag nearly a year ago. Since, the two sides have been battling in court in a high-stakes case whose outcome could shape how the law treats similar NFTs. Hermès claims the digital goods infringe its trademarks and dilute the Birkin name. Rothschild has countered that his NFTs are a form of art protected as free speech by the US Constitution.
Both sides moved for summary judgments, in which the court concludes there are no questions about the facts or law and decides the case based on the arguments made in the court papers submitted. In his ruling, however, Rakoff rejected the motions, saying the court would issue an opinion explaining the decision by Jan. 20.
Learn more:
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BoF Careers provides essential sector insights for fashion's technology and e-commerce professionals this month, to help you decode fashion’s commercial and creative landscape.