Committee Against Smuggling and Counterfeiting Activities Destroying the Economy

Alibaba Group Holding Ltd Sued By Luxury Brands Over Counterfeit Goods In US

May 16, 2015 by adminficci News 0 comments

Alibaba Group Holding Limited (NYSE:BABA) was sued by Kering, a luxury goods company, on Friday; the group claimed that the Chinese e-commerce giant intentionally allowed sellers to sell their counterfeit goods around the globe.
Kering has sued the online-shopping giant in Manhattan Federal Court. The lawsuit includes subsidiaries of Paris-based KERING UNSP ADR (OTCMKTS:PPRUY), Yves Saint Laurent (YSL), and GUCCI GROUP NV (OTCMKTS:GUCG). The brands are seeking damages, and a sanction for alleged racketing and trademark violations.

Prev
Next

Related Posts

ERA/FoEN Tasks FG on Illicit Tobacco Trade
June 11, 2015

For tobacco control measures to be effective, the Federal Government must take...

Three held for ‘smuggling’liquor from Karnataka
May 15, 2021

The police on Friday arrested three youth and seized 960 liquor bottles, a car...

Fake branded products worth 1.38 crore seized
July 2, 2024

Bengaluru: Central Crime Branch (CCB) police have seized fake branded dress...

Dodgers Give Hard Time to Commercial Taxmen
May 16, 2014

KOCHI: The city is the commercial hub of the state, but it is also causing huge...