Counterfeit Baby Carriers Threaten Children's Safety
Despite a campaign to raise awareness of fake baby carriers over the past two years, an illegal and dangerous trade in counterfeit products continues in Australia via online auction sites.
Counterfeit copies of the popular ERGObaby carrier have been offered for sale on online auction sites and authorised Australian and New Zealand distributor Babes in Arms is trying to stop these products reaching unsuspecting consumers and endangering babies.
Babes in Arms director and mother of four, Anita Lincolne-Lomax, sources the best baby slings and carriers from around the globe to build an expansive babywearing range that promotes a baby’s natural desire for closeness, but solves a parent’s need to be hands-free.
For full story, please visit PR Wire.
Golf Anti-Counterfeiting Group Seizes More Than 80,000 Fakes in September Raids
Many avid golfers in Northern America are unaware of an epidemic that has been haunting many U.S. Golf Manufacturers throughout the last decade and beyond.
Much like bootleg movies and fake Rolex watches, counterfeit golf clubs have been available on ebay and unknown web retailers since the late 1990's. With the emergence of internet shopping such as Amazon and eBay, consumers have been looking for ways to save a buck on their expensive golf habit. By means of saving $50 - $100 for a driver, tens of thousands of consumers have been fooled by low-end, imitation and inferior golf equipment. In recent years, this problem has worsened as more manufacturers and consumers have been effected. Among few things the big OEM's agree on is creating a resolution for their problem. Those who have been effected have banded together to create an Anti-Counterfeiting Working Group. (Also known as the U.S. Golf Manufacturers Anti-Counterfeiting Working Group).
Read more at The Examiner.
Advanced Security Prevents Counterfeit Products
Product counterfeiting has been an issue in many industries, from consumer products to ICs. In many instances, the counterfeit products affect only the bottom line and a company’s reputation. High-end luxury consumer goods, such as handbags, wristwatches, and other products, are among the most susceptible to counterfeiting, and the brand holders spend large amounts of money to trace and eliminate the counterfeit products and the people responsible to ensure that fake products don’t sully their brands. The IACC (International Anticounterfeiting Coalition) estimates that brand holders lose approximately $600 billion of revenue annually due to counterfeiting. According to Michael Danel, the secretary general of the World Customs Organization, if terrorism did not exist, counterfeiting would be the most important criminal act of the early 21st century.
The effect of counterfeiting is always greater than the value of the counterfeit product itself. By damaging consumers’ perception of the performance, reliability, and safety of branded devices, counterfeiting tarnishes brand image, customer loyalty, and satisfaction. It also has broader negative effects, such as reducing the value of intellectual capital, eroding profitability, and stifling innovation. It hurts not only the companies making the components but also the financial health and ability to invest in future innovation of all companies across multiple industries—from intellectual-property-right holders of the embedded software, firmware, and codecs in these devices to proprietary SOC architectures.
For full story, please visit Electronics Design, Strategy News.
Rochester Man Admits to Selling Counterfeit Viagra and Cialis
A 52-year-old Rochester man has admitted he purchased fake Viagra and Cialis pills from China and sold them in the City of Rochester.
Curtis Henry pleaded guilty to attempting to import counterfeit Viagara and Cialis into the United States for resale.
For full coverage, please visit Rochester News 10.
The eBay of the East: Inside Taobao, China's Online Marketplace
In 2005, when the scrappy Chinese e-commerce company Taobao was locked in battle with eBay for control of the lucrative China market, Jack Ma, the former English teacher who founded Taobao parentcompany Alibaba, confidently predicted that victory would be his: "Ebay may be a shark in the ocean, but I am a crocodile in the Yangtze River. If we fight in the ocean, we lose — but if we fight in the river, we win."
He was not only right, he underestimated his company's potential. Taobao (which means "searching for treasure" in Mandarin) isn't a mere crocodile today, it's a Tyrannosaurus Rex. Or a mutant creature from another planet hell-bent on global domination. Point is, it's big — very big. Just eight years after its launch, Taobao has 370 million registered users across its three main platforms — more than the entire population of the United States. Taobao Marketplace (the site most similar to eBay) virtually owns the country's online consumer-to-consumer business, with a 90% market share, while Taobao Mall, a separate site where brands like Gap and Uniqlo sell directly to consumers, has captured close to 50% of the B2C market — nearly triple its nearestcompetitor. Taobao's gross merchandise volume (total value of all goods sold) last year reached an estimated $60 billion — double its 2009 volume and topping eBay's $53 billion.
For full story, please visit TIME World.
Flood of Counterfeit iPad and iPad 2 Devices Hitting the Market
Apple’s runaway success with the incredibly popular iPad and iPad 2 tablet PC is not just attracting massive attention from the competition and consumers alike, but is also seeing the market flooded without thousands of counterfeit products.
During one single day back in July, around 18,000 clones and fakes were found to be on sale, emulating both the iPad and other popular Android devices by way of 23 online retail sites, according to key market research recently made public. Needless to say, not only are the vast majority of said items completely below par when it comes to even the most basic levels of functionality, but they may also be illegal if found to be carrying any branding related to the legitimate manufacturer they are emulating.
For full story, please visit Property Magazine.
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