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Victoria's Fishy Stocking Secret Could Cost Them $15 Million!

| Filed under: Fashion SmashionLegal MattersVictoria's SecretCandice Swanepoel

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Breaching a contract is certainly something we’d keep hidden too!

Victoria’s Secret Stores Inc. and parent company Limited Brands Inc., are being sued by one of their former hosiery suppliers for deliberately selling knockoffs.

Back in 2001, Vicky entered an agreement with Zephyrs, only to breach said contract by contacting their contractors so they could sell cheaper versions to unsuspecting consumers.

Case in point: the fishnet stockings that Candice Swanepoel wears in the ads are the reinforced, high-quality, more durable stockings that Zephyrs makes in Italy, but what shoppers actually get are run-of-the-mill pair of fishnets, made by someone else.

It’s estimated that VS has made over $120 million on these products and according Zephyrs owner, Debra Mackinnon, Victoria's Secret is trying to run them out town completely:

"Over the past year-and-a half, the Victoria’s Secret in-house folks have been pressuring me to sign a new MSA where we would have to hand over all of our intellectual property, designs and patents…including patents on some other designs."

Hmm…Sounds like some srsly shady business!

We knew there had to be more than just one secret behind their success!

[Image via Victoria's Secret/WWD.]

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