Gucci signage Photo: RNZ / Calvin Samuel
A US study this week, shows 70% of counterfeit products are sold online worth around half a trillion dollars annually. The report points to AliExpress by AliBaba being the worst culprit when it comes to selling counterfeit goods. Two years ago AliBaba was sued by Gucci and Yves Saint Laurent which claimed the company wasn't doing enough to stop displaying counterfeit products on its site. Consumer New Zealand chief executive Sue Chetwin speaks to Jim about the study and what it means locally.
