PARIS – Fendi bags at Sam’s Club?
Only counterfeit ones, the Roman fashion house claims in a complaint filed with U.S. District Court, Southern District of New York, on June 9. The complaint details 12 handbags and small leather goods sold at Sam’s Clubs in five states as examples, discounted anywhere from 22 to 68 percent off regular retail prices.
It is understood Wal-Mart Inc., parent of Sam’s Club, has until June 16 to decide whether to withdraw the products from its stores or continue selling them.
A Wal-Mart spokesman said Monday that, “The company is absolutely going to fight this. We believe the complaint is without merit. We believe that we can demonstrate that the products we are selling were acquired properly and we’ll be able to demonstrate that when the suit is heard. They are actual Fendi products. We believe that we can prove that they are not conterfeits. It’s our policy not to sell counterfeit products.”
For complete coverage, see tomorrow’s issue of WWD.