Company Directory - Williams-Sonoma
Company Details - Williams-Sonoma
CCI Score
CCI Score: Williams-Sonoma
-54.44
0.03%
Latest Event
FTC Complaint Over False 'Made in USA' Claims
The FTC has filed a complaint alleging that between April 2022 and August 2023, Williams-Sonoma misrepresented imported products by advertising them as 'Crafted in America' despite their foreign origin. The misleading advertising resulted in a record-breaking $3.17 million civil penalty and mandates stricter compliance, including annual certifications and revised advertising claims.
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QUISLING
Williams-Sonoma is currently rated as a Quisling.
Latest Events
MAY102024The FTC has filed a complaint alleging that between April 2022 and August 2023, Williams-Sonoma misrepresented imported products by advertising them as 'Crafted in America' despite their foreign origin. The misleading advertising resulted in a record-breaking $3.17 million civil penalty and mandates stricter compliance, including annual certifications and revised advertising claims.
-60
Business Practices and Ethical Responsibility
May 10
Williams-Sonoma engaged in unethical business practices by falsely advertising imported goods as domestic. This deceptive labeling undermines consumer trust, harms honest American businesses, and violates federal guidelines, warranting a significant negative score for business practices and ethical responsibility.
FTC Files Complaints Against Williams-Sonoma for False Made in US
- APR292024
Williams-Sonoma has been fined approximately $3.2 million by the FTC for falsely claiming that certain products are made in the USA, continuing a pattern of deceptive advertising despite a previous settlement.
-40
Business Practices and Ethical Responsibility
April 3
Williams-Sonoma violated consumer trust and regulatory compliance by continuing to mislead consumers about product origins, in direct defiance of a previous court-ordered settlement. This deceptive practice undermines ethical business behavior and damages the integrity of product labeling standards.
Williams-Sonoma fined $3.2 million for false 'Made in USA' claims
- APR292024
Williams-Sonoma agreed to pay over $3 million in civil penalties after violating a 2020 FTC consent order by falsely advertising products as 'Made in USA'. The deceptive claims misled consumers and harmed honest American businesses.
-60
Business Practices and Ethical Responsibility
April 3
Williams-Sonoma violated an FTC consent order by falsely advertising products as made in the USA, deceiving consumers and undermining trust in corporate honesty. This action reflects unethical business practices that harm market integrity and honest American businesses.
FTC hits Williams-Sonoma with ‘record civil penalty’ for Made in America claims
- APR282024
Williams-Sonoma settled with the FTC and DOJ by paying $3.1 million after being accused of falsely labeling products as 'Made in USA' when many were manufactured abroad, notably in China. The settlement also requires the company to submit annual compliance certifications, highlighting deceptive advertising practices that misled consumers and harmed honest American businesses.
-50
Business Practices and Ethical Responsibility
April 3
Williams-Sonoma's deceptive advertising—claiming products were 'Made in USA' despite being imported—constitutes a breach of ethical business practices. This misrepresentation undermines consumer trust and undermines the integrity of domestic manufacturing, marking the company's actions as regressive from a social responsibility standpoint.
- APR262024
Williams-Sonoma was fined a record $3.17 million after the FTC found that the company deceptively marketed products as 'Made in USA' despite being manufactured overseas, violating a 2020 FTC order.
-80
Business Practices and Ethical Responsibility
April 3
The FTC's record penalty highlights Williams-Sonoma's deceptive business practices by falsely claiming products were made in the USA when they were produced abroad. This misrepresentation undermines consumer trust and harms domestic businesses, reflecting unethical business practices.
Williams-Sonoma Will Pay Record $3.17 Million Civil Penalty for Violating FTC Made in USA Order
- APR252024
Williams-Sonoma agreed to pay a $3.175M penalty following a settlement with the FTC over repeated violations of a 2020 order requiring accurate 'Made in USA' labeling. The company was found to have misrepresented the origins of its products, including falsely advertising items made overseas as domestically produced.
-80
Business Practices and Ethical Responsibility
April 3
Williams-Sonoma’s deceptive marketing practices, evidenced by repeated mislabeling of products as 'Made in USA', directly violate FTC regulations. This undermines consumer trust and reflects unethical business practices that prioritize profits over transparency and accountability.
FTC Issues Record Penalty Against Williams-Sonoma for Made in USA Claims
- APR232024
Williams-Sonoma has been fined $3.18 million by the U.S. Federal Trade Commission for falsely advertising some products as 'Made in USA,' in violation of a 2020 FTC order, highlighting issues with corporate transparency and ethical business practices.
-50
Business Practices and Ethical Responsibility
April 3
Williams-Sonoma admitted to violating an FTC order by falsely promoting products as 'Made in USA,' which misleads consumers and undermines ethical advertising practices. This deceptive behavior reflects negatively on the company's commitment to business ethics and regulatory compliance, thereby warranting a negative score under Business Practices and Ethical Responsibility.
Williams-Sonoma is fined by US FTC over 'Made in USA' claims
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Corporate Financials
- Revenue
- 2023
- $2.09B
- Total Assets
- 2023
- $2.10B
- Operating Income
- 2023
- $380.00M
- Total Equity
- 2023
- $800.00M
Employees: 4,600
Industries
- 423220
- Home Furnishing Merchant Wholesalers
- 448190
- Other Clothing Stores
- 454110
- Electronic Shopping
- 442110
- Furniture Stores