Wal*Mart Left Holding the Bag

Fendi_2
According to Bloomberg.com, Wal*Mart’s Sam’s Club division and the Italian Fashion Group  Fendi
  have settled a law suit filed by Fendi accusing Sam’s of selling knock-off handbags, wallets, and key chains and claiming the items were authentic in some of its stores.  Sam’s will pay Fendi an undisclosed amount in exchange for Fendi dropping its lawsuit.

According to the suit, Wal*Mart earned millions of dollars selling the bogus leather goods.  A wallet that normally sells for $385.00 was selling at Sam’s for $199.00 

Sam’s has removed all the o"Fendi"ing merchandise from its clubs.  Customers who want to return the items will be given a full refund.

According to Bloomberg, in 1999, Wal*Mart agreed to pay Tommy Hilfiger Corporation $6.4 million when the discounter was found to be selling counterfeit Hilfiger goods in violation of a 1996 court injunction.

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