MUMBAI/CHICAGO (Reuters) – While India’s politicians dither over rules allowing international retailers into the nation, some on-line stores are already selling discounted clothes from corporations resembling Abercrombie & Fitch Co that have but to officially enter the market.
But as soon as overseas firms launch their own enterprise in India, often through joint ventures or licensing agreements, they sometimes turn into proactive in stopping unauthorized gross sales and are quick to take legal motion to close down these channels. The Organization for Economic Cooperation and Development estimates current world trade in counterfeit goods at more than $200 billion a 12 months. There’s a danger of being scammed: As online buying becomes an increasing number of commonplace, the number of online scams can also be increasing. This is why a buyer ought to all the time purchase from trusted websites solely—trusted websites will maintain any fraud so as to keep their … Read more