Consumer Goods & Media

• US customs seize fake Gibson guitars

  27-Nov-24 - Around 3,000 instruments were intercepted and would have been worth around $18.7m if genuine, according to CBP.

• OECD gauges impact of counterfeits on UK economy

  20-Nov-24 - In 2021, the value of fake and pirated goods imported into the UK amounted to £7.1bn, 1.5 per cent of the total.

• Michael Schmid elected new president of Eurojust

  13-Nov-24 - Schmid will take up office on November 15 for a four-year term, replacing current president Ladislav Hamran.

• Brand protection firm Ennoventure raises $8.9m

  12-Nov-24 - Cash injection will help the company expand its AI-powered authentication platform on the international stage.

• €200m fake art network busted with 38 indictments

  12-Nov-24 - Network of forgers in Spain, France and Belgium were planning to sell the artworks in Italian auction houses.

• Amid EU probe, Temu mulls joining anti-fake group

  05-Nov-24 - Chinese online retailer is discussing signing up to the EC's Memorandum of Understanding agreement.

• TikTok Shop publishes first IP rights report

  05-Nov-24 - Company has also taken issue with calls to include its marketplace in the forthcoming 2024 Notorious Markets list.

• EU takes action against Temu over illegal products

  01-Nov-24 - Commission is concerned Temu does not have strong enough systems to prevent the sale of non-compliant goods.

• Russia 'aiding Houthi Red Sea attacks;' report

  29-Oct-24 - Russia provided targeting data for the Houthis as they attacked ships with missiles and drones, it is claimed.

• EUIPO study reveals €2bn fake good seizures in EU

  25-Oct-24 - Europol-partnered report says that counterfeits are estimated to account for 5.8 per cent of EU trade.

• Civil groups slam EC plan to delay EUDR implementation

  21-Oct-24 - Industry groups claim it will provide more time to bring their supply chains into compliance with the law.

• Fake, unsafe Dyson hairdryers seized in UK

  17-Oct-24 - Testing by Suffolk Trading Standards revealed the counterfeits posed a risk of electric shock and fire.

• De La Rue agrees authentication unit sale to Crane NXT

  15-Oct-24 - The takeover comes just a few months after Crane NXT completed the acquisition of OpSec for $270m.

• EU appoints first circular economy Commissioner

  08-Oct-24 - Jessika Roswall will lead efforts on the environment, water resources, and circular economy competitiveness.
• sponsored

  New technology from Securikett enhances protection in online commerce

  03-Oct-24 - Cutting-edge security labels are designed specifically for online shipping, offering immediate detection of any tampering or unauthorized removal.

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