Japanese retailers 'threatened' by LVMH

10th March 2005, Comments 0 comments

NEW YORK, March 9, (AFP) - Coach, Inc., a leading marketer of modern classic American accessories, said Wednesday it has filed a complaint with the Japanese Fair Trade Commission against French firm LVMH Moet Hennessy Louis Vuitton, accusing it of harassing and anti-competitive practices.

NEW YORK, March 9, (AFP) - Coach, Inc., a leading marketer of modern classic American accessories, said Wednesday it has filed a complaint with the Japanese Fair Trade Commission against French firm LVMH Moet Hennessy Louis Vuitton, accusing it of harassing and anti-competitive practices.

The complaint, filed in Tokyo Tuesday, alleges LVMH engaged in inappropriate and threatening behaviour by exerting pressure on common business partners in Japan.

LVMH is being accused of threatening department store management with either not going forward with development plans or pulling the Louis Vuitton brand out of certain locations entirely if these retailers allowed Coach to open or expand shop-in-shops as contemplated or planned.

"Coach believes that fair competition in the market place should be the only way to allow Japanese consumers to decide the destiny of our respective brands," the company said in a statement.

The JFTC will now launch an investigation into the complaint, and will render a public decision once completed, according to the US firm.

New York-based Coach is a leading US marketer of accessories and gifts for men and women, including luggage, handbags, footwear and other products.

© AFP

Subject: French News

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