$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
Cheetham Hill: Tonnes of fake goods seized in raids repurposed
Police have repurposed about 300 tonnes of counterfeit goods seized from shops...
Tobacco gangs using truck drivers’ cabs to smuggle cash
Tobacco smuggling gangs are hiding plastic bags stuffed with hundreds of...
9 Arrested At Chennai Airport For Allegedly Smuggling Gold In Rectum.
New Delhi: Customs authorities at Chennai airport have made massive recoveries of...
Drive against fake products intensified in Sharjah
The drive will continue throughout the year to control the market, rein in frauds...