$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
Anti-graft panel zooms in on Sabah
From clamping down on illegal logging in Sarawak, the country’s graftbusters have...
India’s counterfeit market grows
Counterfeit and smuggled products account for over one fifth of India's FMCG...
Research develop special fluorescent ink to reveal counterfeit products
Oneday soon, the simple act of taking a photo with your Smartphone could help...
Raids at gutka-making units; goods worth Rs.3 crore seized
Raids by police and administration during the past one month have unearthed...