Versace Wins Big

After a seven-year-long courtroom battle, Versace has finally won its counterfeit case.

The company had over 70 retail stores in Southern California and Arizona, and over 110 people investigated during the case.

Santo Versace, Gianni‘s brother, also appeared as a key witness.

And it all paid off as the company won $20 million in its counterfeit case against US retail stores to protect its trademark.

Versace’s Chief Executive Gian Giacomo Ferraris released a statement saying:

“We have won a historic judgment, reached at the culmination of the anti-counterfeiting action undertaken by the Group and whose effects will benefit all the luxury Italian brands.”

Time to stop buying counterfeits.

[Image via AP Images.]