The garment industry is one of the most heavily counterfeit industries in the world. The International Trade Centre estimates that the $461 billion sector of fake clothing and shoes makes up around 7% of all counterfeit items sold globally. The difficulties that clothing manufacturers encounter are varied, ranging from the effect on their brand to the monetary loss of sales.
The garment industry is one of the most heavily counterfeit industries in the world. The International Trade Centre estimates that the $461 billion sector of
Rapid globalization and easy access to places and things from all over the globe have also increased the importance of trade, trademarks and brand names particularly when for each and every genuine good sold out there is the counterfeit already available.
Black markets are filled with fake goods with a slightly distorted brand name, just to avoid cases of infringement. Today the production of fake goods has increased so much that a day is enough to come up with the fake version of the original goods! (more…)
Rapid globalization and easy access to places and things from all over the globe have also increased the importance of trade, trademarks and brand
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