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Fashion Nova moves for judgment against US antitrust claims over LA-sourced fashion

( November 10, 2021, 22:31 GMT | Official Statement) -- MLex Summary: Fashion Nova told a US judge that it faces substantial competition from numerous competing retailers in a nationwide retail market, and it has asked for a summary judgment against Honey Bum’s antitrust claims. It said that even if Fashion Nova had excluded Honey Bum from access to certain Los Angeles-based vendors, it would not have gained the retail market power needed to raise prices to consumers above, or reduce supply below, competitive levels. Honey Bum is accusing Fashion Nova of illegally keeping it out of the LA-sourced fast fashion market.See document below. ...

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