JULY TRADE NEWS

Independent retailers are working hard to keep prices down

Summer sales fail to help independent retailers

Retailers resist pressure to go out of business

Wholesaler praises Exeter's transport links

Online system revealed to help local retailers

Rural post office alternative does not have the funding to help businesses

Independent retailers 'set to benefit from online sales boom'

Suffolk market town to be transformed with new high street retail development

Independent electric retailers struggle as sales slow

Couple reveal joys of independent retailing

Retail sales slump after May’s blip

Small businesses urged to reduce energy usage

Independents prepare for 3rd Vodafone boycott

Government plans welcomed by retailers

Independent booksellers join forces to compete

Better training for retail workers

Large firms take advantage of small wholesalers

Sheffield authorities donate fake goods to overseas charity

Economic downturn prompts calls for business rent change

Falling sales hit business confidence

CCTV 'can help retailers improve sales'

Wholesaler uses government system to measure environmental impact

Bosses 'don't feel they can take holidays'

Niche service 'helped new business compete with national wholesalers'

Midlands village ditches plastic bags

Post office closures 'will hurt local retailers'

eBay wins US court case over fake jewellery

Retailers and residents join forces to protest new supermarkets

Retail sales dip in June

Retailer blames supplier after fake goods conviction

Independent retailers boycott Vodafone

Small business owners 'plan to stick with their companies for many years'

Small businesses would have welcomed rate cut

Businesses 'not surprised by rate hold'

FSB calls for support for local retailers

Small retailers 'increasingly face court over grey market goods'

Around the world in a tea daze

Politicians urged to always consider the smallest businesses

Report warns small businesses fear recession

Government looks to alter planning law to protect small retailers

Small businesses are 'saving to guard against recession'

UK sites handle £800m worth of fake goods every year

Lack of disposable income 'could affect' retailers

Yorkshire police link fake goods with drug trade

Northern Irish retailers to fight Tesco plan

UK business 'understand the importance of a good internet presence'

Buggy manufacturers make it hard for retailers to sell online

British consumers 'happy to buy fake goods'

Kew retailers stop offering plastic bags

More retailers 'will go bust this year'

Welsh officials educate public on fake goods

Attempts to save Devon post offices

UK businesses threatened by rising fraud

 

Trade News Archive July 08 June 08 May 08 April 08 March 08
February 08 January 08

Subscribe to our newsletter   Go to The Wholesaler UK Directory

7th July 2008

UK sites handle £800m worth of fake goods every year

Counterfeit goods worth millions of pounds pass through UK-based websites every year, new data has indicated.

Research from DLA Piper has shown that more than £800 million is spent annually on items such as clothing and cosmetics via online shopping portals and auction sites.

According to the figures, which were compiled with ComSec International, as much as £5 of every £100 spent on sites like eBay goes towards the payment of counterfeit goods.

Simon Levine of DLA Piper suggested that consumers should be wary of buying fake items for their own benefit as well as that of the genuine brands.

He said: "Counterfeit goods dilute the value of brands, undermine the integrity of auction sites and cost the UK economy millions of pounds in lost income.

"If you invest your trust and money in a brand you want to know you're getting the real thing, whether that's make-up and cosmetics or domestic appliances and children's toys."

In addition, the research pointed to the fact that online auction sites are a popular place for the sale of 'grey' items at inflated price, including electronic and sports goods.

eBay was recently fined £30 million by a court in France for selling fake goods including designer clothing and makeup.


 

(c) 2008 Adfero Ltd.

 

Comment on this news story
To comment on any story please click on the above link, put the story title in the subject line and please provide your name, trading style ie. retailer or wholesaler and the town where you trade.