Counterfeiting has had an extensive impact on luxury goods and is set to keep pace with technology, creating challenges and opportunities to stop the production of these items through authentication practices.
Legal and privacy
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Italian fashion label Gucci is making significant headway in the ongoing fight to prevent counterfeiting with a recent win in its lawsuit against Chinese ecommerce giant Alibaba.
This year a number of luxury brands and retailers have begun to take action against the increasingly important problem of counterfeit goods in China.
Today in luxury marketing – Aston Martin looks at more than 10 sites for new factory; Anya Hindmarch’s luxury sticker success; Michael Kors targets landlords with counterfeiting suit; Gucci owner calls for Hong Kong rent cuts as market wilts.
Each year, more than $28.5 billion in profits is lost in the European Union due to counterfeit apparel and accessories, according to a new report by the EU Observatory.
Mandarin Oriental Hotel Group is keeping consumers updated on the recent data breech that resulted in hackers stealing credit card information from hotel guests.
Fordham Law School is launching master’s degree programs in fashion law, which the college claims are the first of their kind in the world.
Luxury conglomerate Moët Hennessy Louis Vuitton is continuing its renovation of La Samaritaine thanks to a final ruling from the Conseil d’Etat authorizing the controversial project.
Luxury conglomerate Kering has filed a lawsuit against Chinese ecommerce giant Alibaba, claiming the retailer has been facilitating the sale of counterfeit goods.
Privacy and security are major concerns for online shoppers, with 91 percent of consumers worried about their control of personal information gathered and used by companies, according to a report from Adroit Digital.