If there’s a product I can’t do myself because we don’t have the know-how, it means that I can have an idea and LVMH will have the expertise to explore new territories and products. I’m not afraid of being bigger, but I think you need the right people to implement what I am creating.
Marc [Chaya, co-founder] and I never thought we were niche. When you start a company, you start small. We were privately funded from the two of us, as well as a third party, so it was small because we had limited resources.
France’s luxury goods industry won a new victory in its battle with eBay yesterday when the online auctioneer was fined €1.7 million (£1.55 million) for breaching an injunction banning the sale of perfumes and beauty products made by LVMH.
— Read more at LVMH enjoys sweet smell of victory against eBay at the UK Times Online. The other side, according to eBay…
A French court on Friday ordered online auction site eBay to pay 80,000 euros (118,000 dollars) to Louis Vuitton for selling fake luxury perfumes, LVMH said.
"The court found that in using key words from certain LVMH brands, eBay had commited several acts of counterfeiting," LVMH said in a statement.
— Read more at EBay fined again for selling fake Louis Vuitton goods online at France 24.
The French Court of Appeals today denied eBay’s petition to stay an injunction issued June 30 by a Parisian court that requires eBay to halt all sales of four LVMH perfumes [Kenzo, Guerlain, Dior, Givenchy] over any site worldwide that is accessible from France, according to an eBay spokesperson.
[...] The lower court’s order bans not just sales of counterfeits, but sales of genuine bottles of these perfumes [...] According to lawyers for both sides, the injunction even forbids individuals from reselling genuine LVMH products that they received as gifts.