Wednesday, 31 December 2008

Chinese win big bucks for footwear fraud

Fashionista knows how worried many of her readers are about Chinese manufacturers churning out vast quantities of lookalikes and fakes that compete with their own designer products at a fraction of the price -- but sometimes, to quote the classic cliche, the boot is on the other foot.  Here's a tale of four honest Chinese businesses, exporters of ladies' fashion shoes from Guangdong, China, who have just won a lawsuit against Los Angeles shoe importer/wholesaler Citicross Corp. A California Superior Court in Pomona, LA County, has awarded the fortunate foursome full damages plus interest totalling 3 million US dollars for fraud and breach of contract. This just goes to show that, when it comes to business ethics, one should never draw hasty conclusions based on national stereotypes.