Nike Shoes Among Most Counterfeited Goods in the World
The market for fake goods is on the rise, with international trade in counterfeited or pirated products valued almost a half a trillion dollars.
The Organization for Economic Cooperation and Development released a report today that said international trade of “fakes” represented 2.5 percent of overall world trade, or $461 billion, in 2013. That’s equivalent to the gross domestic product of Ireland and the Czech Republic combined.
http://abcnews.go.com/Business/nike-shoes-counterfeited-goods-world/story?id=38485256
Related Posts
Smuggling bids foiled, gold worth Rs 2cr seized
Kozhikode: Customs air intelligence unit (AIU) foiled six attempts to smuggle...
Reynolds American-Sponsored Website Looks at ‘New Tobacco Road’
Site designed to raise awareness of black-market cigarette trade ...
How e-retailers such as Flipkart, Amazon are keeping fake products at bay
Stung by instances of rogue sellers on their platform shipping dubious products,...
BSF Nabs 13 Bangladeshi Smugglers, Seizes Contraband Worth Over Rs 10 Lakh in Meghalaya
Shillong, Dec 23: Acting on specific intelligence on Sunday, vigilant troops of...