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Consumer Economics & Trade Tech, Media & Telecom

Gucci quits US anti-counterfeiting group over Alibaba membership

The South China Morning Post reports that 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. Michael Kors walked out of the IACC last month, calling Alibaba “our most dangerous and damaging adversary.” The outrage over Alibaba’s membership raises fresh questions about how effective Alibaba has been in fighting fakes as it pushes to take its e-commerce juggernaut global.  Gucci, along with other Kering Group brands like Balenciaga, is suing Alibaba in New York federal court. They accuse Alibaba of knowingly encouraging and profiting from the sale of counterfeit goods.

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