WASHINGTON — The Federal Trade Commission said Wednesday that Skechers USA Inc. has agreed to pay $45 million to settle charges that it violated federal laws by making deceptive claims to consumers in advertisements for its toning shoes.
The settlement was part of a broader agreement resolving a multistate investigation involving attorneys general from 44 states and the District of Columbia, the FTC said. In addition to $40 million paid to the FTC, Skechers agreed to pay $5 million to the states and D.C. as a separate settlement but part of the broader agreement revealed by the FTC Wednesday. It will also pay $5 million in class-action attorneys’ fees, bringing the total cost to $50 million.
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)