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Alibaba and Kering Agree to Cooperate on Fighting Fakes

2017-08-04 0 Dailymotion

Alibaba and Kering Agree to Cooperate on Fighting Fakes<br />The companies said they had resolved their differences, and Kering, which owns brands including Gucci and Saint Laurent, said it would withdraw a 2015 lawsuit charging<br />that counterfeit goods had been sold from the Chinese e-commerce giant’s website.<br />The resolution of the suit with Kering is likely to be just one part of a broader effort by the company to remove itself from<br />the list of “notorious markets” for counterfeit goods compiled by the Office of the United States Trade Representative<br />The company’s founder, Jack Ma, hosted a conference in Detroit this year as part of efforts to enlist more American vendors for its platforms.<br />They said in a statement that they would establish a task force to share information and work with law enforcement to protect Kering’s brands.<br />Alibaba has long faced accusations that its sales platforms harbor vendors selling fakes, and it has worked hard to push against that depiction.

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