Action needed against new risks in counterfeiting
Companies including producers, wholesalers and retailers should assess their insurance and clarify the coverage they have against the risks posed by counterfeits.That’s one of the key recommendations to come from a new Zurich report examining the growing risks associated with counterfeit products.According to the report – Counterfeit products: new risks in global value chains – the globalised economy, digitalisation and investment by organised crime groups are resulting in a rapid rise in the production and organisational quality of counterfeiting.
Related Posts
250m fake phones sold in Nigeria yearly –NCC
From Walter Ukaegbu, AbujaNEWLY appointed acting Executive Vice Chairman,...
Illegal tobacco costs $200M a year
The Lebanese treasury can boost revenues by up to $200 million if authorities...
Cigarette smuggling on the rise in Dublin
Cigarette smuggling is on the rise in Dublin, a retailer lobby group have...
17.7 lakh cigarettes seized at Kolkata airport destroyed.
KOLKATA: A stock of 17.7 lakh sticks of smuggled cigarettes of various foreign...