Williams-Sonoma ordered to pay $3.1 million penalty for false 'Made in USA' labeling [Yahoo! Finance]
Williams-Sonoma, Inc. (DE) (WSM)
Last williams-sonoma, inc. (de) earnings: 3/18 04:15 pm
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Source: Yahoo! Finance
false and misleading claims about the origins of its products to settle a federal court complaint. The DOJ said the company falsely labeled products "Made in the USA" when they were actually wholly imported or contained significant imported content. The home products were sold through Williams Sonoma Home, Pottery Barn, Pottery Barn Kids, Pottery Barn Teen, PBTeen, West Elm and Rejuvenation. "Williams-Sonoma misled consumers by touting products as made in the USA when at least one of them was made in China ," DOJ Civil Division head Brian M. Boynton said in a statement. "We will continue to work with the FTC to stop deceptive marketing practices like this." Williams-Sonoma's actions were violations of the FTC Act and the Made in USA Rule, according to the DOJ. FTC Chair Lina M. Khan said in a statement, "Williams-Sonoma claimed its products were made in the United States even though they were made in China. Williams-Sonoma's deception misled consumers and harmed honest Ameri
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News
- Here's Why Williams-Sonoma (WSM) is a Strong Value Stock [Yahoo! Finance]Yahoo! Finance
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- POTTERY BARN LAUNCHES NEW COASTAL LOOKBOOK FOR SUMMERBusiness Wire
- Williams-Sonoma, Inc. (NYSE: WSM) was upgraded by analysts at JPMorgan Chase & Co. from an "underweight" rating to a "neutral" rating. They now have a $275.00 price target on the stock, up previously from $245.00.MarketBeat
- POTTERY BARN TEEN LAUNCHES NEW EXPANDED DORM COLLECTION WITH ENHANCED DIGITAL TOOLS AND NEW CONVENIENT DESIGN AND SHOPPING EXPERIENCE [Yahoo! Finance]Yahoo! Finance
WSM
Earnings
- 3/13/24 - Beat
WSM
Sec Filings
- 5/1/24 - Form 4
- 5/1/24 - Form 4
- 4/29/24 - Form 3
- WSM's page on the SEC website