Global Markets Identify Fake Goods
According to the Loadstar, the world’s largest internet retailer has been identified as a notorious market for counterfeit goods, and has been blamed for being unresponsive and non-compliant in regions such as the UK, Canada and Germany.
The retailer joins other major e-commerce companies on a US government list of notorious markets for fakes.
And the list could be necessary information for forwarders, as two companies were recently found liable for their part in shipping a large number of fake Nike shoes.
An Out-of-Cycle Notorious Markets review, by the US Trade Representative, has been collecting comments from businesses. Companies are able to report the worst offenders in both physical and online markets.
The American Apparel and Footwear Association stated its members report fakes discovered on the sites, but despite the fact they are removed, they tend to reappear.
And with the current trade war between China and America, there are concerns among numerous businesses that by increasing tariffs on goods, it will only boost the counterfeit market.
Supply Chain News from the Supply Chain Academy. The only learning resource centre focused solely on the subject of supply chain, for more information call 01708 259450 or email info@supplychainacademy.org.uk
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