Counterfeit goods cost 800,000 jobs each year in Europe

Besides, counterfeiting deprives the EU of approximately €14.3 billion a year in tax revenues, notably VAT and excise duties. CESE advocates the creation of a new regulatory framework, to strengthen legislation and Europe-wide initiatives in the field of anti-counterfeiting.The estimated worth of counterfeit goods worldwide ranges from €600 billion, according to the UN, to nearly €1 trill…

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EU Intellectual Property Office- ‘Counterfeiting is not a victimless crime’

AFP: The EUIPO has just published a study* suggesting there is currently a boom in the purchase of fake goods, particularly among the younger generation. What are the factors contributing to this phenomenon?Julio Laporta: There are certainly several factors involved, but the main reason mentioned by those respondents who bought fakes intentionally was that the…

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Fashion Revolution Week launches with new theme

Running from Monday 24 to Sunday 30 April, the movement aims to raise awareness about the working conditions and wages of workers in the fashion supply chain following the 2013 Rana Plaza tragedy where 1,138 people lost their lives.More than 90 countries will see several events take place exploring the campaign’s new theme ‘Money, Fashion, Power’. The campaign focuses on the flows of mone…

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Graffiti artist Futura sues The North Face over logo dispute

Filed in California federal court on Tuesday, the lawsuit claims that, through the line’s logo, The North Face has deliberately sought to mislead consumers into thinking that Futura is associated with Futurelight. Both the Futurelight logo and Futura’s atom design feature a number of intersecting ellipses contained within a vaguely circular – dodecagonal in the case of the Futurelight l…

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Botswana reassessing HB Antwerp deal after Lucara Diamond cuts ties

Lucara Diamond said on Thursday it had ended its agreement with HB Trading BV, a unit of HB Antwerp, following what it called “a material breach of financial commitments by HB”. HB did not immediately respond to requests for comment.In March Botswana, the world’s No. 1 diamond producer by value, announced a deal to buy a 24% stake in HB Antwerp and to supply it with an undisclosed quantity of r…

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H&M lifts veil on list of suppliers for each of its garments

The company said each garment on Hm.com, including most H&M Home interior products, will feature supply chain details such as production country, supplier names, factory names and addresses, and even the number of workers in these factories.“Let’s team up for a sustainable futureคำพูดจาก สล็อ…

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Louis Vuitton explores collaboration with Mexican artisans

“We are currently in a relationship with artisans of Tenango de Doria in the state of Hidalgo, Mexico, with the perspective of collaborating together to produce this collection,” the fashion house told AP in an email.Mexico’s culture secretary Alejandra Frausto sent Louis Vuitton a letter last week expressing “surprise” that a chair from the Dolls by Raw Edges collection featured elem…

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Most UK Christmas shoppers avoided glitter items in eco focus

According to GlobalData’s ‘Christmas in the UK – 2019’ report, 64.3% of Christmas shoppers said sustainability was more important to them in 2019 compared to 2018.Avoiding glitter, often made from plastic, became one of the ways consumers embraced sustainability over the festive season as climate change and ocean pollution have become larger international issues. คำพูดจา…

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Op-ed- Why did fashion take so long to cancel Ye-

Gap went further, announcing Yeezy Gap products would be removed and YeezyGap.com would shut down immediately. Foot Locker and The RealReal followed suit with more businesses joining the split as of this posting. Kim Kardashian, Jonathan Greenblatt of the Anti-Defamation League, and Endeavor CEO Ari Emanuel also used their respective voices to condemn the rapper’s anti-semitic statements.  T…

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