Alibaba won and lost a friend in Washington; how it happened
By ERIKA KINETZ and DESMOND BUTLER - AP - Fri May 27, 9:13PM CDT
SHANGHAI (AP) — In 2011, a respected anti-counterfeiting coalition in Washington escalated its fight against the Chinese e-commerce giant Alibaba, saying its websites served as a 24-hour market "for counterfeiters and pirates" and should be blacklisted.
SNE: 32.27 (-0.51), BABA: 96.84 (+0.18)
APNewsBreak: Anti-counterfeiting group suspends Alibaba
By ERIKA KINETZ and DESMOND BUTLER - AP - Fri May 13, 6:49PM CDT
SHANGHAI (AP) — An anti-counterfeiting group said Friday it was suspending Alibaba's membership following an uproar by some companies that view the Chinese e-commerce giant as the world's largest marketplace for fakes.
Gucci quits US anti-counterfeiting group after Alibaba joins
By ERIKA KINETZ - AP - Sat May 07, 4:55AM CDT
SHANGHAI (AP) — Gucci America has quit the International Anti-Counterfeiting Coalition, the second defection since the Washington, D.C.-based group allowed Chinese e-commerce giant Alibaba to become a member in April.
Gucci sorry for warning to Hong Kong funeral offering shops
AP - Fri May 06, 3:44AM CDT
HONG KONG (AP) — Gucci and its parent company apologized Friday after drawing heavy criticism for warning some Hong Kong shops not to sell paper offerings for the deceased that resembled the fashion brand's luxury products.
Some howl over Alibaba's place in anti-counterfeiting group
By ERIKA KINETZ - AP - Thu May 05, 10:10AM CDT
SHANGHAI (AP) — The prospect of sitting in a Hyatt Regency ballroom in Florida and listening to Jack Ma, founder of Chinese e-commerce giant Alibaba, deliver the keynote for the International Anti-Counterfeiting Coalition's conference this month did not sit well with Michael Kors' general counsel. In fact, Ma's imminent speech — and the IACC's April decision to welcome Alibaba as a new member — so incensed the U.S. luxury brand that it severed its longstanding connection with the Washington-based industry group.
MMM: 179.49 (+0.24)
Maker of Gucci, Puma sees sales rise despite market jitters
AP - Thu Apr 21, 11:04AM CDT
PARIS (AP) — French luxury goods and sportswear maker Kering says its sales rose 2.7 percent in the first quarter of 2016 thanks to good demand in Western Europe, Japan and emerging economies.
Bank of China appeals disclosure order in counterfeit case
By ERIKA KINETZ - AP - Thu Dec 03, 10:08AM CST
SHANGHAI (AP) — The Bank of China is appealing a decision by a New York court to fine it $50,000 a day for withholding information about counterfeiters' bank accounts in China.
US group: Put Alibaba site back on "notorious" fakes list
AP - Tue Oct 06, 3:45AM CDT
HONG KONG (AP) — A clothing and shoe industry group is calling for the U.S. government to put Chinese e-commerce giant Alibaba's Taobao site back on its list of "Notorious Markets" for counterfeit goods.
Counterfeiter gets green card after evading US lawsuits
By ERIKA KINETZ and ELLIOT SPAGAT - AP - Sun Jul 12, 2:16AM CDT
SHANGHAI (AP) — This could be the story of an American dream. An immigrant family builds a successful business and buys a four-bedroom house in a quiet neighborhood with good schools for their young son. But not all is as it seems on the steep, curving streets of San Diego's Rancho Penasquitos.
After evading lawsuits, counterfeiter gets US green card
By ERIKA KINETZ and ELLIOT SPAGAT - AP - Sun Jul 12, 2:14AM CDT
SHANGHAI (AP) — The Chinese woman has a history of selling counterfeit luxury goods. She has been sued in the U.S. by eight luxury brands. She owes Chanel Inc. $6.9 million for selling products online under its name.
Chinese counterfeiter finds a comfortable life in California
By ERIKA KINETZ and ELLIOT SPAGAT - AP - Sat Jul 11, 10:16AM CDT
SHANGHAI (AP) — The Chinese woman has a history of selling counterfeit luxury goods. She has been sued in the U.S. by eight luxury brands. She owes Chanel Inc. $6.9 million for selling products online under its name.
Counterfeiter evades US lawsuits and gets green card
By ERIKA KINETZ and ELLIOT SPAGAT - AP - Sat Jul 11, 10:09AM CDT
SHANGHAI (AP) — This could be the story of an American dream. An immigrant family builds a successful business and buys a four-bedroom house in a quiet neighborhood with good schools for their young son. But not all is as it seems on the steep, curving streets of San Diego's Rancho Penasquitos.