eBay is taking one more step to combat the sale of fake luxury goods on its platform. The marketplace has announced the expansion of its luxury authentication program to include the watch category. Launched last year, the program already encompasses designer handbags, footwear and apparel. A team of professional authenticators will evaluate the...
Sep 10, 2018
In the last twenty years, more than a million Nigerian textile and apparel workers have lost their jobs due to counterfeited products. The prevalence of counterfeiting has forced many textile factories to close, leaving the whole industry in danger and posing a potential danger to the economy and its position as a new frontier economy. Industry...
Aug 12, 2014
Clothing being sold as ‘cashmere’ has been exposed as actually containing rat fur by Italian Police, following a year-long investigation into Chinese-run firms in Rome. Italian authorities have arrested 14 people and seized more than a million fake garments, after coats claiming to be made of ‘cashmere’ contained a mixture of acrylic and...
Feb 10, 2014
In an effort to raise awareness among consumers about counterfeit products, the European Commission has published the report “Too good to be true: The real price of fake products” that looks at the dangers of buying fakes. The annual global trade volume of fake goods stands at a staggering 200 billion euro – on par with the market for illegal...
May 30, 2013
