Fake sports equipments caused 850 million euros losses in the EU last year
The sale of fake sports equipment, such as footballs, sports helmets, tennis rackets, skis, gym equipment and skateboards, costs legitimate EU manufacturers 850 million euros last year.
A new study from the Office for Harmonization in the Internal Market (OHIM), shows that the sales lost due to counterfeiting of sports equipment –not including sportswear– correspond to 6.5 percentof all sales in this sector across the 28 EU Member States.
The study also shows that approximately 6,000 jobs are lost in this sector throughout the EU, as manufacturers sell less than they would have done in the absence of counterfeiting, and therefore employ fewer people. (MTI)
Related news
The European Union’s regulation on artificial intelligence has been announced
Today, the EU Regulation on Artificial Intelligence (“AI Regulation”) was…
Read more >Synthetic compounds in our food? The Association of Conscious Buyers is the domestic partner of an important EU project
ToxFree Life for All is the EU’s newly launched awareness…
Read more >A complaint was filed against Chinese honey in the EU
With the professional support of the Ministry of Agriculture (AM),…
Read more >Related news
VOSZ Barometer – 2024. II. quarter: mandatory optimism or real growth?
The perception of inflation is still present in domestic companies,…
Read more >Fidelity: Three themes shaping investments in Q3
Has the post-epidemic normalization that we have been waiting for…
Read more >Large companies are resistant to economic uncertainty
Restrained expectations characterize the domestic corporate sector for the next…
Read more >