Image screen shotted from Chanel's official website.
The controversial lawsuit between Chanel and What Goes Around Comes Around has been heavily debated among the fashion enthusiasts on YouTube. This may set the future precedent on how second hand retailers are dealt with selling second hand luxury goods as other brands may opt to do the same thing.
According to Vogue Business, Chanel emerged victorious in its month-long legal battle against luxury reseller What Goes Around Comes Around (WGACA). The jury unanimously ruled in favor of Chanel on all four counts, including trademark infringement, false association, unfair competition, and false advertising.
Chanel’s commitment to protecting consumers and its brand against counterfeiting and false association was highlighted. WGACA maintains its innocence, but the ruling sets boundaries for the luxury resale market and aims to safeguard consumers. The verdict may impact vetting and authentication processes, potentially increasing costs for luxury second hand retailers.’
Luxury YouTuber, SuperDacob alleges that this could set a precedent on owning a Chanel bag. It could be a possibility in the future that the brand would not prefer customers to sell the bags they have purchased from them, defected or not.
It appears that a lot of fashion enthusiasts are tired with the problems these luxury brands are facing. Others speculate that if a restriction on handbag resale were to happen, the value of the bags may drop as a customer would not even be able to sell it off.
Climate UX launched Green Together to help companies engage employees, strengthen ESG goals and deliver…
Alibaba Cloud’s KaryaWAN challenge aims to boost Malaysia’s AI innovation ecosystem through talent development, creativity…
Malaysia's job market faces a "talent paradox," with employers struggling to find suitable candidates despite…
Young Malaysians are embracing cold coffee culture, prompting NESCAFÉ to launch Espresso Concentrate for convenience…
The only Malaysian company within the Health Care Equipment & Supplies sector to be included,…
Regional foreign funds turned cautious despite April inflows, while higher oil prices and currency movements…
This website uses cookies.