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Lord & Taylor loses US indemnification bid over Gucci counterfeits

By Nick Robertson ( April 15, 2025, 22:00 GMT | Insight) -- Lord & Taylor EComm was denied indemnification yesterday from a judgment it faces for selling Gucci counterfeits in a US suit against its supplier. A Southern District of New York judge also held that Lord & Taylor failed to pierce the corporate veil and dismissed loss of reputation and tortious interference claims against supplier Circle Business, although its breach of contract and fraud claims survived.Lord & Taylor EComm will not receive indemnification for a default judgment against it for selling Gucci counterfeits, a US Southern District of New York judge held yesterday, in the online retailer’s suit against Swiss supplier Circle Business....

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