$100 million of counterfeit wine in circulation
Research from NetNames suggests that retailers are losing between $300m and $400m annually to copycats and counterfeiters, with wine counterfeit experts estimating that there is $100m of counterfeit wine currently in circulation.
Alcoholic drinks in particular are being regularly targeted by counterfeiters due to their premium price tag and because they are difficult to identify without tasting the product.
http://www.harpers.co.uk/news/100-million-of-counterfeit-wine-in-circulation/536678.article
Related Posts
9 charged in counterfeit cancer drug smuggling case
The country's highest prosecutor’s office has ratified charges against nine...
Fake hoverboard batteries plague Samsung, LG
Fake batteries are becoming a headache for Korean battery-makers Samsung SDI and...
As duties make cigarettes expensive, foreign brands like Luvin Fresh surreptitiously enter the market
NEW DELHI: GudangGaram, Djarum Black, Luvin Fresh or A Mild might induce a haze...
Brady Brand Protection Announces Partnership with Element Case
The solution features complex, securely designed labels that can be scanned for...