Malaysia

counterfeit market

Manufacture of Counterfeit Products Predicted to Reach USD2.3 Billion, This is what Businesses Need to Do

Counterfeiting is a problem for many industries on a global scale. No industry and country are free from the threat of counterfeiting. According to a report by the International Trademark Association (INTA) and the International Chamber of Commerce, the global economic value of counterfeiting and piracy is predicted to reach...

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The Importance of Due Diligence Before Buying A Business

Buying an existing business may be more efficient in terms of time and effort than building a business from scratch. However, the purchase process requires a careful assessment. Once the money and assets moved, anything that happens to the acquired business becomes the new owner’s responsibility. In transactions of large...

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Learning From The Hard Working of Louis Vuitton and Alibaba Against Counterfeiting

Counterfeiting is a never-ending problem for famous brands. According to the World Customs Organization, the circulation of counterfeit goods have led to the loss of the fashion industry worth more than £5 billion and about 400,000 people had lost their jobs for 20 years. Louis Vuitton as the most valuable luxury...

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