BUSINESS


Wine counterfeiting in China

08

Apr 2016

Wine counterfeiting in China

In China, counterfeit high-end wines are a growing beverage industry segment, where fakes are sold to Chinese consumers. Knock-off artists refill empty bottles from famous chateaux with inferior vintages....

Read More


Questions Raised by Hong Kong Wine Auction

08

Apr 2016

Questions Raised by Hong Kong Wine Auction

Allegations of wine fraud continue to plague the auction world. Ten days ago, a new Hong Kong company held its first major auction despite being accused online beforehand of – at the least – deceptive marketing. The November 21 auction in Hong Kong brought in an “underwhelming” US $25 million according to a report in the Financial Times, including $5 million for a “Pablo Picasso...

Read More...

Read More


A pedestrian carries Gucci-branded shopping bags and a Louis Vuitton SA handbag as she walks along the Rue du Rhone in Geneva, Switzerland, on Saturday, June 9, 2012. Swiss economic growth unexpectedly accelerated in the first quarter, led by consumer demand. Photographer: Valentin Flauraud/Bloomberg

08

Apr 2016

Lessons From China’s Counterfeit Crackdown

Beijing resident Wang Wenwen says she frequently trawled China’s online marketplaces for brand-name bargains, but grew tired of receiving obviously fake merchandise. The breaking point was a blue, floral-patterned dress she got for $32 that was advertised as a product of popular Chinese brand Five Plus....

Read More


Exporting fake medicines

08

Apr 2016

Exporting fake medicines

According to an article by Bloomberg, Viagra is one of the main pills to be made illegally. As China is working to crack down on its counterfeit industries, it has raided more than 115 factories and jailed eight sex-pill makers this month....

Read More


How to Know If Your Expensive Wine Is Fake

08

Apr 2016

How to Know If Your Expensive Wine Is Fake

Maureen Downey has become a top wine fraud investigator, helping to rid the wine industry of counterfeit and stolen wine. Downey met Bloomberg at Wingtip in San Francisco, where she showed us how to tell if that $200,000 bottle in your cellar is a fake. (Video by Jennafer Savino, Amy Marino) (Source: Bloomberg)...

Read More



Page 2 of 212