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Violation Tracker Individual Record

Company: Nine West Group Inc.
Current Parent CompanyPremier Brands Group Holdings
Parent at the Time of the Penalty Announcement subscribe to see this data field
Penalty: $34,000,000
Year: 2000
Date: March 6, 2000
Offense Group: competition-related offenses
Primary Offense: price-fixing or anti-competitive practices
Secondary Offense: consumer protection violation
Mega-ScandalPrice Fixing
Violation Description: Nine West Group Inc., a large supplier of women's shoes, agreed to settle charges that it engaged in resale price fixing with certain dealers in violation of federal and state antitrust laws. Nine West entered into separate settlements with the Federal Trade Commission and the Attorneys General for 56 U.S. states, territories, commonwealths, and possessions. The FTC's order prevented Nine West from engaging in these illegal practices in the future. In addition, Nine West's settlement with the Attorneys General required it to pay $34 million.
Level of Government: federal
Action Type: agency action
Agency: Federal Trade Commission
Civil or Criminal Case: civil
HQ Country of Current Parent: USA
HQ State of Current Parent: New York
Ownership Structure of Current Parent: privately held
Major Industry of Current Parent: apparel
Specific Industry of Current Parent: apparel
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Current parent company note: Parent-subsidiary relationship is current as of the most recent revision listed in the Update Log.