Cosmetics & Personal Care

• Surge in fakes on social media ahead of Black Friday

  20-Nov-20 - ACG says lockdowns could make exposure to counterfeit goods more acute this year as people shop more online.

• As revenues rise, VerifyMe buys back shares

  18-Nov-20 - VerifyMe has said it plans to buy back $1.5m-worth of its shares, as it predicts an increase in revenues over the next 12 months.

• Minnesota CBP intercepts hand-sanitising stations worth $1m

  29-Oct-20 - Customs officers in Minnesota have seized 440 counterfeit hand-sanitising stations with built-in Android advertising displays.
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  16-Oct-20 - Make a gigantic leap in your counterfeit discovery program by putting detection into the hands of as many individuals as possible.

• TruTrace sales momentum builds on cannabis contracts

  14-Oct-20 - Blockchain firm is piloting use of its platform to secure the medicinal cannabis supply chain, and looking at new markets.

• EMEA cargo thefts spike in the first half of 2020

  05-Oct-20 - Over €85m of goods were stolen from air, road, sea and rail supply chains in 3,278 cargo theft incidents.

• Facemasks prominent in Europe-wide fake goods crackdown

  25-Sep-20 - Law enforcement has made a big seizure of counterfeit goods – including 27m facemasks – across 21 European countries.

• Study exposes ‘double whammy’ of fakes on Italian economy

  10-Sep-20 - Pulled by competing interests, the the government’s response has been slow and often weak, say researchers.

• Illicit tobacco tops 2019 UK Trading Standards workload

  09-Sep-20 - Cigarettes and tobacco were the most reported counterfeit goods in the UK in 2019/20, according to local authority data.

• UK starts consultation on AI and intellectual property

  08-Sep-20 - The UK government is seeking advice from expects on how artificial intelligence affects intellectual property rights.

• Penalties for counterfeiting in China too lenient, says study

  19-Aug-20 - Half of criminal fines and more than a quarter of prison terms were below the minimum sanctions in the law.

• India sees ‘alarming’ 24 per cent rise in counterfeit incidents

  31-Jul-20 - The upward trend calls for immediate action, says the Authentication Solution Providers’ Association (ASPA).

• Amazon’s Bezos tells Congress: ‘we do a lot' on counterfeits

  31-Jul-20 - CEO Jeff Bezos has defended Amazon’s actions to stamp out counterfeits on its sites at a Congressional hearing in the US.

• Tanzania pulls 17,000 fake condoms off the market

  28-Jul-20 - Tanzania seized 17,076 counterfeit and unregistered condoms in fiscal 2019/20 that put public at risk of STIs.

• Court orders fakes seller to pay damages to online retailer JD.com

  28-Jul-20 - A former seller on the JD.com must pay $143,000 in damages to the online retail platform for selling fake cosmetics.

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