CounterfeitingCounterfeiting is the unauthorised copying of an item when the clear intention is to pass that item off as being that of the genuine product. The counterfeiting phenomenon is not new and Richemont is working hard on all levels to minimise the impact of counterfeiting on its business and to inform consumers about the dangers of buying counterfeit product. Richemont was a key supporter of the "Fakes Cost More" campaign recently launched in Brussels by the Authentics Foundation and continues to work with law enforcement and customs worldwide to tackle this issue. Richemont is also active in bringing civil litigation cases against large scale counterfeiters operating both on-line and off-line. |