Tuesday, March 11, 2008

Forever 21 and Steve Madden Breathe Sighs of Relief

Well, it's a good thing for Thrasher Funds that the American Apparel & Footwear Association (AAFA) rejected a deal with the CFDA regarding federal legislation to provide copyright protection to fashion designs, yesterday.

For just this morning, in today's Daily Candy Weekly Deals, Thrasher Funds - an investment company, was promoting its services by way of this very familiar looking bag:

Recognize it? That's because it's a pretty blatant rip-off of Louis Vuitton's Globe Shopper Cabas tote, shown below, which was available in a variety of colors, including the hot pink shown on the Thasher tote.

Under the Design Piracy Prohibition Act, infringers could be penalized $250,000, or $5 for each copied item, whichever is greater. Of course cease and desists are still on the table.