Counterfeit
Mandatory footwear labeling is introduced in Russia
After several delays and despite the continuing complaints by market operators, Russian authorities have introduced a mandatory labelling of footwear on the domestic market. This is effective since the 1st of July and applies to domestic and imported footwearApparel and footwear industry claims more work on counterfeit
Steve Lamar, President and CEO of the American Apparel & Footwear Association (AAFA), expressed encouragement following the introduction of the SHOP SAFE Act of 2020 in the House of RepresentativesShoe industry welcomes Trump’s fight on counterfeiting
Industry associations welcome the Administration recommendations on ways to prevent the spread of counterfeits through third-party e-commerce platformsRise in fake goods trading
Trade in counterfeit and pirated goods has risen steadily in the last few years and now stands at 3.3% of global trade, according to a new report by the OECD and the EU’s Intellectual Property OfficeTrade in fake Italian goods costs economy billions of euros
Global trade in fake Italian goods such as luxury handbags, watches, foodstuffs and car parts is taking a bite out of Italy’s economy equivalent to around 1-2% of GDP in terms of lost sales, according to a new OECD reportAuthorities apprehend millions in fake sneakers
Customs officials in Chile announced they have seized a shipment of fake sneakers, including shoes from adidas and NikeCounterfeit goods make up 2.5% of global imports
Global trade in fake and pirated goods is estimated to be worth nearly half a trillion dollars a year, according to a report by the Organisation for Economic Co-operation and Development (OECD) and the EU’s Intellectual Property Office (EUIPO)- 1