Perfume Maker Givaudan’s Sales Beat Estimates, Tariff Paybacks Weigh on Shares
Givaudan’s second-quarter organic sales came in ahead of market estimates on Thursday, but its shares fell 5 percent on litigation costs and tariff repayments.
Counterfeiting
Latest News & Analysis
Global Markets
The Pandemic Has Created a ‘Perfect Storm’ for Counterfeits. Just Ask Louis Vuitton.
As if Covid-19 hasn’t already done enough damage to the fashion industry, intellectual property experts are now warning that it has also left the door open for counterfeit products to proliferate at an unprecedented pace.
The Pandemic Has Created a ‘Perfect Storm’ for Counterfeits. Just Ask Louis Vuitton.
As if Covid-19 hasn’t already done enough damage to the fashion industry, intellectual property experts are now warning that it has also left the door open for counterfeit products to proliferate at an unprecedented pace.
Retail
Retailers Launch Lobbying Group to Fight Counterfeit Goods on Amazon
The Buy Safe America Coalition aims to back legislation that would require digital marketplaces to verify information about third-party merchants.
Retailers Launch Lobbying Group to Fight Counterfeit Goods on Amazon
The Buy Safe America Coalition aims to back legislation that would require digital marketplaces to verify information about third-party merchants.
Retail
Nike Seeks New Weapon in Battle Against Counterfeit Goods
Proposed legislation would extend to design patents the same protections given copyrighted and trademarked goods.
Nike Seeks New Weapon in Battle Against Counterfeit Goods
Proposed legislation would extend to design patents the same protections given copyrighted and trademarked goods.
Technology
Fake Allbirds and Glossier Dupes: DTC Brands Are Battling Counterfeits and Knockoffs
Direct-to-consumer brands like Allbirds, Glossier and Rothy’s are battling counterfeiters and copycats. These startups now face a problem even big-budgeted luxury brands can't fix.
Fake Allbirds and Glossier Dupes: DTC Brands Are Battling Counterfeits and Knockoffs
Direct-to-consumer brands like Allbirds, Glossier and Rothy’s are battling counterfeiters and copycats. These startups now face a problem even big-budgeted luxury brands can't fix.
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Luxury
The Rise of Return Fraud and How Retailers Are Fighting Back
Sophisticated counterfeits and a culture of hassle-free returns have created an expensive problem for retailers.
The Rise of Return Fraud and How Retailers Are Fighting Back
Sophisticated counterfeits and a culture of hassle-free returns have created an expensive problem for retailers.
Financial Markets
Alibaba Pays $250 Million to Settle Counterfeiting Warning Lawsuit
The lawsuit accused the e-commerce giant of concealing a regulatory warning about its ability to stop counterfeiting two months before its $25 billion IPO in 2014.
Alibaba Pays $250 Million to Settle Counterfeiting Warning Lawsuit
The lawsuit accused the e-commerce giant of concealing a regulatory warning about its ability to stop counterfeiting two months before its $25 billion IPO in 2014.
News & Analysis
Supreme Breaks Silence on ‘Criminal’ Global Counterfeiting Menace
Sophisticated Italian counterfeiters are damaging the billion-dollar streetwear juggernaut’s brand reputation and may be slowing its post-Carlyle growth plans. In a rare interview, Supreme’s press-shy founder James Jebbia speaks exclusively to BoF.
Supreme Breaks Silence on ‘Criminal’ Global Counterfeiting Menace
Sophisticated Italian counterfeiters are damaging the billion-dollar streetwear juggernaut’s brand reputation and may be slowing its post-Carlyle growth plans. In a rare interview, Supreme’s press-shy founder James Jebbia speaks exclusively to BoF.
Luxury
China Breaks Counterfeit Goods Ring Worth 100 Million Yuan
The case highlights the challenge faced by brands in China, whose products run the risk of being copied.
China Breaks Counterfeit Goods Ring Worth 100 Million Yuan
The case highlights the challenge faced by brands in China, whose products run the risk of being copied.
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News & Analysis
Fighting Fakes Was a Big Reason Behind Amazon's Big Vendor Purge
Counterfeiters can take advantage of Amazon’s system which is designed to let merchants post products quickly and easily after setting up accounts online.
Fighting Fakes Was a Big Reason Behind Amazon's Big Vendor Purge
Counterfeiters can take advantage of Amazon’s system which is designed to let merchants post products quickly and easily after setting up accounts online.
Luxury
A Turning Point for China’s Stance on Counterfeit Luxury Goods
The Chinese government is finally ready to crack down on the country’s black and grey luxury market and better regulate its booming e-commerce sector.
A Turning Point for China’s Stance on Counterfeit Luxury Goods
The Chinese government is finally ready to crack down on the country’s black and grey luxury market and better regulate its booming e-commerce sector.
China
Nike and LVMH Are Sticking Up for China in the Piracy Fight
Executives at two of the biggest victims of counterfeiting praised Beijing’s efforts to crack down on intellectual property abuses.
Nike and LVMH Are Sticking Up for China in the Piracy Fight
Executives at two of the biggest victims of counterfeiting praised Beijing’s efforts to crack down on intellectual property abuses.
Sustainability
Social Goods | The Case Against Underage Models, Criticisms Over Nike's Balaclava
This week, the codes of the modelling industry are changing in the #MeToo world, while Nike receives criticism over selling a balaclava that customers said looks 'menacing.'
Social Goods | The Case Against Underage Models, Criticisms Over Nike's Balaclava
This week, the codes of the modelling industry are changing in the #MeToo world, while Nike receives criticism over selling a balaclava that customers said looks 'menacing.'
The News in Brief
Trump to Impose Forced Labour Duties on Friday as Temporary 10% US Tariffs Expire
The move is the White House’s latest effort to restore Trump’s campaign vision of a near-global tariff after the US Supreme Court in February struck down his ‘reciprocal’ duties.
LVMH Appoints General Manager of Fragrance
Givenchy executive Yann Musquin will lead the group’s fragrance portfolio, succeeding longtime division head Romain Spitzer.
India Changes Rule in Win for Foreign E-Commerce Companies
In a major win for Amazon, which lobbied for the change, the government will allow foreign e-commerce companies to buy products directly from Indian sellers and sell them to overseas customers.
Skincare Brand Prequel Appoints C-Suite
The dermatologist-developed label has named Nathalie Kristo as its first chief executive officer and Toral Patel as chief marketing officer.
Moncler Group Second-Quarter Sales Rise 5% as Stone Island Brand Outperforms
Stone Island’s strong performance helped offset slower growth at the Moncler brand, as the group continues its push to become less dependent on its iconic winter outerwear.
Mulberry Quarterly Sales Jump 23% as Turnaround Gathers Pace
The British luxury handbag maker reported a strong start to fiscal 2027 as CEO Andrea Baldo’s strategy gains traction and the brand gears up for designer Christopher Kane’s runway debut in September.
Phillip Lim Announces New Brand PlayLoveWin
The designer departed his namesake label 3.1 Phillip Lim in November 2024 to pursue personal projects.