
$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
Thinfilm, World Customs Organization Team to Bring NFC to the Fight Against Global Counterfeiting and Piracy
Thin Film Electronics ASA (“Thinfilm”) (OSE:THIN.OL; OTCQX:TFECY), a leader in...
Mumbai News: DRI Busts Gold Smuggling Syndicate, Arrests Mastermind In ₹2.57 Crore Seizure
Mumbai: The Directorate of Revenue Intelligence (DRI) officials on Friday...
Ebola: Ministry Warns Against Smuggling Of Frozen Chicken
The Federal Ministry of Agriculture and Rural Development has warned Nigerians...
₹4.33 cr cash seized in Palghar
Mumbai: The election commission and police on Wednesday seized cash worth ₹4.33...
