Crocs Inc., the maker of plastic clogs and flip flops, said eighteen Chinese counterfeiters were sentenced to more than 46 years in prison Friday for selling 128,752 knockoff pairs of Crocs.
Officials estimated the counterfeit Crocs seized were valued at 60 million renminbi, or about $9.6 million. Seventeen of the individuals were convicted of counterfeiting, and three of the 18 were convicted of offering bribes. In addition to jail time, the counterfeiters face fines totaling about 2,832,500 RMB or nearly $450,896.
Hermès is launching a Laundromat pop-up shop in NYC - dubbed Hermèsmatic - where customers can bring their old scarves to be dip-dyed by an expert. Get all the details on WWD.com. #wwdnews (📷: @donstahl)