Burlington Coat Factory To Pay Fendi $10 Million For Selling Fakes

 Burlington Coat Factory company has agreed to settle a long-running legal fight with Fendi, the Italian luxury-goods maker, over the sale of counterfeit handbags, wallets, and other items, Fendi said Wednesday.

In the 1980s, Burlington allegedly sold counterfeit Fendi handbags. A 1987 injunction prohibited the company from selling anything with the Fendi trademark without Fendi's written permission. And for 15 years, Burlington Coat Factory sold no Fendi goods. But in 2002, the company begin selling counterfeits again.