High-dollar Cartier watches are showing up for sale at Walmart.com — and Cartier sounds none too pleased.
The Wall Street Journal reported that on Black Friday, an $18,000 Cartier watch was being offered at the site by a third-party seller.
As of Wednesday, several Cartier models were available through the site from vendors Jewelry Unlimited Inc. and Ohclock.
Fortune explains that Walmart “does not take possession of items sold in its marketplaces.” Rather, it supplies the e-commerce setup and charges a fee.
Fortune quoted a statement from Cartier: “Walmart is not a Cartier authorized retailer therefore Cartier has no knowledge or involvement in the selling or marketing of this watch nor can confirm the authenticity of the piece.”
Cartier is part of Switzerland-based Richemont.
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Rapaport News quoted Cartier saying that it “has continually monitored the unauthorized marketplace and discovered that unauthorized dealers try to cover up the fact that they sell products that are often used, sometimes faulty, occasionally counterfeit, and never warrantied by Cartier.”
Read more at Fortune | Read more at Rapaport