Fake herb scandal hits liquor industry
The “fake herb” scandal triggered by products sold by health food manufacturer Naturalendo Tech has hit the KOSDAQ bourse and the television home shopping industry.
Now it is the liquor business that is facing the consequences.
Bekseju, a rice wine manufactured by Kooksoondang, has been found to contain cheaper but banned Cynanchumauriculatum royal, instead of Cynanchumwilfordii, or “baeksuo,” according to the Ministry of Food and Drug Safety.
http://www.koreaherald.com/view.php?ud=20150527001005
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Alibaba seeks to legitimize China’s shoes counterfeiting ‘MECCA’
Alibaba Group Holding Ltd. is taking a different approach to fighting the prevalence of counterfeit products on its websites – and it’s not what the industry has been calling out for. After luxury brand Kering SA filed a lawsuit against the Chinese conglomerate regarding allegations of supporting the sale of fake products, Reuters reports that Alibaba has started a pilot program that aims to help local companies improve their products and allow them to compete with bigger names.
Lear MoreDiesel Speeds Up Measures Against Counterfeiting
Diesel has started a comprehensive offensive strategy to protect its brand. Since the arrival of Nicola Formichetti as artistic director, the company has implemented its “reboot” program, including a strong focus on the quality and positioning of its collections. Diesel CEO, Alessandro Bogliolo has launched a global platform to defend the brand, its innovation and creativity content which have always been part of the Diesel DNA. The company has been actively battling issues of counterfeiting and illegal distribution, with a special focus on the online market and trafficking through international customs.
Stop to tobacco smuggling urged
The alarming rise in seizures of contraband and counterfeit cigarettes by customs and police authorities highlights the need for stricter penalties to combat cigarette smuggling, according to Winston and Camel maker JT International (Philippines) Inc. (JTIP). JTIP general manager Manos Koukourakis said the presence of smuggled and fake tobacco in some areas of the country are indicative that both local and foreign-based smuggling syndicates continue to operate despite intensified efforts to curb the illegal trade in cigarettes.
http://newsinfo.inquirer.net/693310/stop-to-tobacco-smuggling-urged
Lear MoreAlibaba’s New Bar Code Could Fight Return Fraud
Alibaba has started using a modified version of a QR code to fight counterfeit fraud and enable individualized marketing. And the payments potential for such an offering is huge, delivering something akin to a non-wireless version of item-level RFID.
The new code is like a QR code only in appearance, and that appearance was chosen for the familiarity that consumers and merchants have with scanning a QR code. The identifier, which is unique to each individual item on a store’s shelf, can add a huge amount of data to each purchase.
Don’t get stung by sale of fake Maltese honey
Honey purporting to be Maltese can be found on every shelf, dressed up in fancy logos and promoted as artisan ware, but be careful not to be sweetened by the labels.
It is sold in grocery shops, confectioneries, supermarkets and even at corner bazaars. But is it possible that Maltese bees produce so much honey? And is there any way to tell whether the honey we are buying has been produced by bees pollinating local flowers?
In Malta and Gozo there are approximately 2,200 colonies of bees. And, according to veteran beekeepers, our islands “would need to be triple the size” if all the honey being sold off as Maltese is genuinely local.
Alibaba Group Holding Ltd (NYSE:BABA) To Fight Fakes By Building Local Brands
Alibaba Group Holding Ltd (NYSE:BABA) is definitely finding it tough to walk away from the latest fake-good sales imbroglio. As recent as a few weeks ago, Alibaba Group Holding Ltd was legally accused of selling products which were fakes of their brand, by Gucci. The ecommerce giant is yet to emerge from the legal issue, without major fines or terms of services.
Lear MoreAlibaba fosters local brands to fight fakes
Criticised and even sued by luxury brand Gucci and others for facilitating the counterfeit goods trade, Chinese e-commerce giant Alibaba has been quietly piloting a scheme to try to curb fakes at source.
In the coastal city of Putian, in Fujian province, Alibaba is working with 17 shoe manufacturers to cultivate home-grown brands online, revitalise a flagging industry and offer would-be counterfeiters an alternative source of livelihood.
Critics say the scheme is misguided and Alibaba should instead focus on scrubbing its online marketplaces of widespread listings of fakes.
More arrests on the way over illegal tobacco
Complaints regarding the selling of cheap, untaxed cigarettes and counterfeit tobacco to Crimestoppers have doubled, the charity said today.Earlier this year, our undercover investigators visited dozens of shops and found 25 out of 27 were prepared to sell illegal cigarettes and tobacco to customers.
When samples were sent off for analysis it was found the tobacco contained substances such as rat droppings, poisonous chemicals, dead insects and asbestos.
Counterfeit Italian food products face trade group scrutiny
Is your spaghetti dinner really Italian?
Not if you’re using marinara sauce from a jar, regular supermarket pasta, everyday olive oil or — gasp — grated parmesan cheese, says Pasquale Bova, the Italian trade commissioner to Canada. And he warns it’s a very serious economic issue hurting both Canadian taste buds and Italy’s food export business. So the Toronto office of the commission has just launched its biggest ever advertising campaign to raise consumer awareness about imitation Italian food products. “If you’re not buying Italian, you’re not eating Italian,” Bova said matter of factly in an interview. Canada, the U.S. and Mexico are some of the largest consumers of imitation Italian food products, according to the commission. Meanwhile Canada is among the Top 10 worldwide destinations for real, made-in-Italy food and beverage exports.