Pegasus Investments & Holdings Pty Ltd - s.87B undertaking

Company or individual details

  • Pegasus Investments & Holdings Pty Ltd
    073 950 240

Undertaking

Pegasus Investments & Holdings (Pegasus) trades under the name Coastline Agency and carries on the business of importing and distributing footwear sold under the trademark "HUMAN" throughout Australia.

The HUMAN range of footwear is manufactured in Vietnam for Pegasus by Rogue Footwear Pty Ltd, who have also offered undertakings to the ACCC in relation to this matter.

The ACCC was concerned that representations on the HUMAN range of footwear represented that the footwear was "100% WOOL LINING" and further that the lining was "AUSTRALIAN MERINO WOOL" when test results indicated that the lining was made up of 99.5% polyester and 0.5% polypropylene.

Pegasus has provided a Section 87B undertaking to the ACCC that it:

  • will not supply and sell in Australia any footwear product that is labelled "100% WOOL LINING" and/or "AUSTRALIAN MERINO WOOL" where to the knowledge of Rogue that representation is or may be false;
  • will offer consumers who were misled by the conduct a refund equal to the cost of the footwear purchased;
  • will publish a corrective notice; and
  • will implement a trade practices compliance program

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