BURBERRY COUNTERFEIT ARRESTS: Three luxury goods counterfeiters were arrested in Japan last week for violating the country’s trademark laws. According to a statement from Burberry, a representative of the Japanese retailer K.K. Alfa and two others were arrested in Chiba, Japan, following a raid last year when police seized 50,000 pieces of counterfeit Burberry clothes, accessories and leather goods from the retailer’s head office, warehouses and shops. The statement, issued last week, said Burberry had worked closely with the Chiba police force in its investigation of K.K. Alfa. “This successful seizure and arrest is excellent news for Burberry and the luxury goods industry,” said Stuart Lockyear, the company’s director of intellectual property. “Burberry will not tolerate counterfeiting and will always push for the maximum penalty.”
GREEN TO HANG ON TO BHS: Topshop owner Sir Philip Green has denied speculation in the London press that he may be mulling a sale of his British Home Stores chain, which offers everything from garden furniture to lingerie to children’s clothing. On Wednesday, The Times of London reported that Green was conducting a strategic review of his retail empire, and that he would be focusing increasingly on Topshop. The paper also speculated that, as a result, Green might have to “step back from or sell” the Home Stores chain, which has produced less-than-stellar results over the past two years. In the 2005-’06 fiscal year, profits at Home Stores fell 60 percent to 42.2 million pounds, or $83.3 million. “I’m not selling BHS,” Green told WWD.
YMA AND BEENE TEAM: The YMA Fashion Scholarship Fund and the Geoffrey Beene Foundation have formed a five-year strategic alliance with Beene’s foundation, pledging to contribute $2 million to the fund over that period, in addition to a $1 million contribution last year. Beginning this year, the fund will award four $25,000 Geoffrey Beene National Scholarships to the most outstanding students majoring in fashion and related disciplines. The foundation’s contribution also will underwrite a major portion of YMA Fashion Scholarship Fund’s annual awards dinner, which now will be known as the YMA Geoffrey Beene Fashion Scholarship Dinner. YMA Fashion Scholarship Fund is a nonprofit organization that supports students interested in the fashion industry with scholarships, mentoring and internship programs. This year, it provided 90 grants totaling $450,000.
This story first appeared in the June 5, 2007 issue of WWD. Subscribe Today.