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loveetc says

Is it allowed to use the brand logos in the theme demo? I have seen many demos using the brand names such as Wallmart, eBay etc., in the ‘Clients’ section. Is it allowed to use?

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sevenspark Volunteer moderator says

No, it is not allowed. At least that is my recollection.

Keep in mind that Envato is not really able to police demos, as the author has full control over this and may change it at any time.

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greenshady says

What’s allowed will depend on the particular brand. You’ll need to read up on company’s policies about using their brand logos.

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Aether-Themes says

I’ve had an item rejected for using existing brand logos, but I have seen them utilized in theme demos recently, maybe they changed their policy about it?