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    Thailand Women Defer Imitation Package Fraud $1 Million

    2016/12/30 11:00:00 62

    Luxury GoodsAlibabaAmazon

     Fake luxury goods

    The problem of counterfeit goods in China is attracting more and more attention.

    A 41 year old woman in Thailand bought a luxury bag in the United States shopping mall in more than a year, then returned it with the Chinese high imitation bag in the United States, selling genuine products on her social platform, swindling over 1 million yuan, or nearly 6 million 940 thousand yuan.

    The US national security official said in a court document that the woman bought it online.

    Luxury goods

    Many handbags are over $2000, including brands like Gucci, Burberry and Fendi. Luxury handbags are so frequent that she once became one of the largest online buyers of department stores worldwide.

    She had returned to more than 60 department stores in up to 12 states. At the beginning of this year, federal agents found 572 handbags in her home in Arlington, most of which were fake goods from China.

     Fake luxury goods

    According to the world clothing and shoe net, in September 2014, she wrote to an e-mail from a Chinese counterfeit bag supplier: "this is the most like bag I've ever seen. Can I get more from the factory?"

    This news has triggered the concern of the US media and also revealed from another side that the problem of luxury goods in China is still serious. This is also the problem of continuous reports of fake goods in the US by the US media.

    Last Wednesday,

    Alibaba

    Taobao's network is once again on the list of notorious markets in the United States.

    However, some Chinese experts and scholars believe that the move is fundamentally the US's new trade policy and its global discourse power, which will affect the basic trend of Global trade in the future and ultimately safeguard the interests of the United States.

    In December last year, the US Trade Representative Office warned Alibaba that if Alibaba wants to continue to be excluded from the US government's list of "notorious market", it will need to step up efforts to combat counterfeit goods and be re included in the list, which will damage the reputation of Alibaba in the United States.

    Earlier, the US media reported that over 80% of counterfeit products from the world came from China, and the pactions were more covert, mainly through the Internet, while Alibaba had the largest online trading market share.

    Another view is that one of the main reasons that Chinese products have not been able to move to the world is that fake goods and Chinese counterfeit products are also very difficult for Alibaba, the world's largest online retailer. On Wednesday, when Taobao was again joined in the "notorious market" blacklist, Alibaba's share price fell by nearly 3% next day, and its market value evaporated about 6 billion yuan, or about about 40000000000 yuan, NYSE:BABA.

    In January 29th last year, Alibaba was also affected by the counterfeit storm. The closing price dropped nearly 9% on the same day, and the market value evaporated more than 20 billion US dollars a day, the largest single day decline since Alibaba listed.

     Fake luxury goods

    According to the world clothing and shoe net, in order to solve the problem of counterfeit goods, the company has invested up to 160 million US dollars.

    In the past 12 months as of August, 380 million product pages have been removed, 180 thousand Taobao shops have been closed, and 675 operators of production, storage or sale of counterfeit goods have been closed.

    China's counterfeit problem is also one of the biggest obstacles for luxury brands to enter the electricity supplier, including Alibaba's overseas competitors.

    Amazon

    (AMZN)

    In October this year, LVMH, the world's largest luxury group, made clear that it would not cooperate with Amazon, an e-commerce platform.

    Although Amazon is already selling light luxury brands such as Michael Kors, Calvin Klein and Kate Spade, and is eager to attract more luxury brands, its group owns Louis Vuitton, Givenchy, Celine and Marc Marc. Amazon believes that Amazon is not a suitable luxury sales platform. Behind this is the flooding of online shopping platforms, which has caused damage to luxury brands.

    It is noteworthy that Amazon has launched a strategy of opening up to Chinese sellers in order to defend Alibaba's competition, resulting in an increasingly insecure product of the e-commerce platform.

    Over the years, foreign luxury brands entering the Chinese electricity supplier market usually choose to enter the Tmall mall of Alibaba group. After all, Alibaba has a pivotal position in the Chinese electricity supplier market.

    As long as the brand in Tmall opened an official network store, generally, can easily get users.

    Last year, Tmall platform sales amounted to US $463 billion.

    However, it is surprising that the US luxury brand Coach suddenly closed its Tmall flagship store in September this year, which is Coach's withdrawal from Tmall after its second entry last year, because the Coach and Alibaba have conflicting cooperation in counterfeiting.

    More interesting reports, please pay attention to the world clothing shoes and hats net.

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