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Burberry Awarded $100 Million From Counterfeit Websites!

burberry-wins-100-million-judgement-against-chinese-internet-counterfeit-network.jpg

It may not be as big as UGG Australia's payday, but it's still a lot of moola!

Burberry is $100 million richer, thanks to a default judgement made by a Manhattan Federal court on Thursday.

Judge Thomas Griesa awarded the British brand the hefty sum of money after the defendants, a network of Chinese Internet counterfeiters, failed to show up in court.

It also didn't help that the online fraudsters, who were accused of selling at least 22 types of fake goods bearing Burberry trademarks, never responded to the initial complaint filed back in January.

In addition to the 9 figure judgement, Burberry now has the power to shut down other infringing sites and hold third-party hosts like Google and Facebook accountable for associating with them.

Congrats!

[Image via AP Images.]

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Shoppers Shelled Out The Green On Black Friday

Filed under: DisneyBusiness BlitzMacy's

2010-black-friday-in-store-and-internet-sales-up.jpg

A good time was had by all on Black Friday, especially retailers.

Between in-store and internet sales on the Friday following Thanksgiving, sales were up as much as 25% compared to last year's dismal holiday season.

Macy's CEO Terry Lundgren said over 7,000 early bird shoppers lined up outside the department store in Herald Square on Friday morning, up 40% from 2009.

Disney also proved to be a big winner, boasting internet sales on the 26th was their "biggest day in history".

Dayum.

Online transaction site PayPal also reported a 25% increase in sales on Thursday and Friday, mostly from "gadgets and toys".

Sounds like there's going to be a lot of happy kids this year!

[Image via AP Images.]

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