ValueMax to defend claims of infringement by LV, says it doesn’t carry LV products currently
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ValueMax, a Singapore-based company, is defending against claims by Louis Vuitton (LV) regarding alleged trademark infringement. LV accuses ValueMax of selling jewelry with marks similar to LV's trademarks. ValueMax asserts these items were unredeemed pawned goods and denies selling LV products. The company plans to defend its reputation and states the case won't impact its financials. LV seeks statutory damages, citing its brand's value and counterfeiting issues. ValueMax's stock fell 1% following the news.
Source: Straitstimes The copyright of this article belongs to the original author/organization.
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