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Louis Vuitton is one of the most counterfeited brands in the fashion world due to its image as a status symbol. [48] Ironically, the signature Monogram canvas was created to prevent counterfeiting. [51] In 2004, Louis Vuitton fakes accounted for 18% of counterfeit accessories seized in the European Union. [52]
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The extended warranty may be offered by the warranty administrator, the retailer or the manufacturer. Extended warranties cost extra and for a percentage of the item's retail price. Some extended warranties that are purchased for multiple years state in writing that during the first year, the consumer must still deal with the manufacturer in ...
Some US$70 million had already been paid out by Tiffany, with an additional US$70 million scheduled to be paid in November 2020. [42] LVMH filed a counterclaim against the court action commenced by Tiffany; a statement issued by LVMH blamed Tiffany's mismanagement during the pandemic and claimed that it was 'burning cash and reporting losses ...
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