Times Staff and Wire Reports

Chanel Inc. and the Los Angeles Police Department said they seized more than 20,000 items of counterfeit merchandise on raids of 34 retail stores in the Los Angeles garment district. . . . A subsidiary of the Equitable Cos. finalized the previously announced sale of the 1,368-room Westin Bonaventure Hotel in downtown Los Angeles to Forward Time Inc., which is owned by Taiwanese investors. Terms were not disclosed, but brokers estimate the hotel fetched between $50 million and $60 million. . . . Fuji Photo Film Co. produced a new set of statistics that it said disprove the allegations of unfair market barriers in Japan lodged by American rival Eastman Kodak Co.

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