
Smuggling, gas, FX threaten survival of Lucky Fibres
Incessant smuggling of textile products into Nigeria, gas shortages and foreign exchange scarcity are threatening the survival of one of the few surviving carpet and rug makers in the country, Lucky Fibres Nigeria plc. “Influx of substandard carpets has been a very big challenge for us,” Kemi Ajibade, head of human resources at Lucky Fibres.
Related Posts
‘Operation Team Player’ nets more than $37 million in fake merchandise More than 70 people arrested; over 5,000 websites seized in coordination with NFL
February 13, 2014
WASHINGTON — Federal officials announced Thursday the final record-breaking...
WATCH: Counterfeit goods worth R1bn worth of seized at Durban harbor
January 14, 2022
What a massive coup. Police have nabbed counterfeit goods with a staggering value...
Jewelry Distributor Arrested With $15M in Counterfeit Goods, Police Say
November 14, 2019
The owner of a business in the downtown Los Angeles jewelry district has been...
Foreign brands unite to fight fakes
January 5, 2016
NEW DELHI: Two weeks ago, lawyers from Tommy Hilfiger, Lacoste, Calvin Klein,...


