Tag: luxury goods

Counterfeit product web sites shuttered

Posted on February 13, 2015 by - News

policemanPolice have managed to shut down over two thousand websites since the year began.

The police worked with internet registers and brand protection associations to find the sites and close them.

The operation, dubbed Ashiko, has managed to close down 5,500 websites selling clothes, sunglasses, jewellery and other luxury products, according to the BBC.

Police said people should use their common sense when visiting web sites that appeared to offer bargains. Such sites often don’t bother too particularly with grammar and spelling.

People should also check whether or not there is a contact address, and should be careful they’re antivirus software is up to date, as the sites often contain malware or computer viruses.

People are also being warned not to clink on links in emails and beware of web sites that don’t start with the https prefix.

UK backs retail sector’s luxury expansion abroad

Posted on March 13, 2013 by - News

jewelsAs many as 1,000 posh retail outfits will get assistance from the government to foster further international growth over the next two years.

The UK Retail Industry International Action Plan was developed by the UK Trade & Investment (UKTI) and the retail industry. The goal is rather straightforward, taxpayer money will be used to help the retail sector expand into expanding overseas markets.

Business Secretary Vince Cable believes retail has a big role to play in British exports, as the government tries to rebalance the economy.

“With this action plan UKTI will back small and large retailers across the UK to grow and expand into new export markets,” he said in a statement. “The UK’s dominance in e-commerce puts retailers in a world-beating position to capitalise on the fast growing demand for British goods and luxury brands.”

The plan is focused on luxury retailers, who aim to expand into bustling cities such as Beijing, Moscow, Mumbai, Istanbul, Shanghai, St Petersburg and other cities with plenty of nouveau riche in white Bentleys.

According to International Business Times, the global retail sector is set to grow by 8 percent through 2016, which is not the case with most European markets, including Britain.

However, it should be noted that British retailers are doing rather well abroad, even without government handouts.