NYPD Puts the Smackdown on Canal Street


by Najwa Moses at February 27, 2008, 10:39 AM

canalstreetsmall.jpgIt appears that the "Counterfeit Triangle has been flattened" reports WWD. A grand total of $1M worth of fragrance and product(from Prada to Dora the Explorer) knockoffs were confiscated from 32 illegal Canal St storefronts that were shut down by the NYPD on Tuesday morning. This time the city is going after the landlords and the vendors. This season's scapegoat: Vincent Terranova estate, a landlord who city officials said has knowingly rented out space to counterfeit retailers dating as far back as 1999.

I say $2M will be the asking price to "smooth" things over with the city and of course just in time for the tourist shopping season.

[Image courtesy of WWD]

Comments

Post a comment

Search Flypaper

Quote of the Day

“"I'll never be about the $20,000 phantom dress that no one wears.”

— Jason Wu, during a private dinner. From WWD.com

Archives