UNIC and SSIP aid counterfeit belt seizure
Italian tanners’ association UNIC and the Italian Leather Research Institute (SSIP) have reportedly aided in the seizure of counterfeit leather belts from Chinese merchants.
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PRINT & DIGITAL
Luxury goods account for most counterfeits
A report from Statista has revealed that more than half of the value of counterfeit goods seized in the U.S. in 2020 are luxury items.
Read More...Former Hermès employees sentenced to prison
On February 24, a French judge sentenced 23 people to up to six years in prison, including nine former Hermès employees, for their involvement in a counterfeit "Birkin" bag ring.
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Nike files legal action over counterfeit sneakers
The international sportswear manufacturer is reportedly suing hundreds of websites and social media accounts over the sale of counterfeit versions of Nike and Converse footwear.
Read More...Hong Kong crackdown on counterfeit goods
Media reports say that a total of 1,300 suspected counterfeit handbags and leather products have been sized by customs officers in Hong Kong.
Read More...China crackdown on counterfeit luxury leather goods
Police in China are reported to have arrested 32 members of a group engaged in the illegal trade of counterfeit luxury goods, such as ‘Louis Vuitton’ and ‘Loewe’ brands.
Read More...OECD warns of rise in counterfeit trade
Intergovernmental OECD (Organisation for Economic Co-operation and Development) has released an update on the scale and sectoral reach of global trade in fake products, which now represents 3.3% of world trade.
Read More...Counterfeit goods cost €25 million to Italian companies
A recently published report estimates that the total value of fake goods sold worldwide is the equivalent of 4.9% of total Italian manufacturing sales.
Read More...Ferragamo wins counterfeit lawsuit
Luxury Italian fashion house, Ferragamo, was awarded US$60 million by a court in New York, U.S., in compensation for counterfeit sales.
Read More...EU Commission to draw a ‘Watch List’ of key counterfeit markets
The European Commission is to initiate efforts to identify countries and online marketplaces that serve as the most significant producers and hubs for counterfeit and other infringing goods.
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