Williams-Sonoma will pay a $3.18 million civil fine to settle U.S. Federal Trade Commission charges it violated a July 2020 order by falsely claiming that some of its products were "Made in USA." The FTC said that between April 2022 and August 2023, Williams-Sonoma falsely advertised PBTeen mattress pads as "Crafted in America from domestic and imported materials" though they were in numerous instances imported from China. It also found six products were advertised on Williams-Sonoma's website as "Made in USA" though they had been imported or contained significant imported content.
Strong Revenue Growth Amidst Increased Operating Expenses
Surpasses Analyst Net Income Estimates with Strategic Focus on Renewable Energy Growth