Amazon and Salvatore Ferragamo File Two Joint Lawsuits to Combat Counterfeiters | Amazon and Salvatore Ferragamo File Two Joint Lawsuits to Combat CounterfeitersFinancial Buzz

Amazon and Salvatore Ferragamo File Two Joint Lawsuits to Combat Counterfeiters

Amazon.com, Inc. (NASDAQ: AMZN) and Salvatore Ferragamo have jointly filed two lawsuits against three entities and four individuals for counterfeiting Ferragamo’s products.  Defendants have tried to offer infringing products in Amazon’s digital marketplace and in turn violated Amazon’s policies, the law and Ferragamo’s intellectual property rights.  The lawsuit was filed within the United States District Court for the Western District of Washington and states that the defendant have conspired to utilize Ferragamo’s registered trademarks without authorization to trick customers about the authenticity and origin of the products, including the affiliation with Ferragamo.   Amazon prohibits counterfeit products in its stores and has invested over USD 500 Million to protect customers and brands from fraud, abuse and counterfeiting in 2019. 

“We do not allow counterfeit products in our store, and we have made it crystal clear that we take aggressive action to hold accountable bad actors who attempt to evade our proactive protections,” said Dharmesh Mehta, Vice President, Customer Trust and Partner Support, Amazon. “Through our Counterfeit Crimes Unit, we are working closely with luxury and cosmetics brands, small businesses, and brands with global name recognition. We will continue to fight to protect intellectual property from small family-owned businesses through Fortune 500 companies.”

“The actions we implemented with great determination in recent years in the fight against counterfeiting have allowed us to achieve good results in protecting the brand. Made in Italy, our brand’s quality is based on values such as research, innovation, sustainability and craftsmanship are fundamental for us and for this reason our commitment to safeguarding the brand and our community of consumers is at its highest,” added Micaela le Divelec Lemmi, CEO of Salvatore Ferragamo. “The joint action with Amazon underlines how the protection of intellectual property is a priority for Ferragamo and how the company is pursuing the fight against counterfeiting with full awareness and resolution.”