$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
Hong Kong police seize furs, sandalwood and electronic goods worth HK$7m in anti-smuggling raid.
Almost HK$7 million worth of smuggled goods destined for the mainland were...
Holyoke man accused in multi-state illegal cigarette distribution ring
A Holyoke man is facing several charges after investigators allege he was running...
Textiles company moves to combat counterfeiting
The Managing Director of the Premium African Textiles (PAT), Mr Kofi Boateng, has...
Assam Rifles, Customs seize foreign cigarettes worth Rs 65 Lakh in Tripura
In a major success against cross-border smuggling, Assam Rifles, in a joint...