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
Euro zone inflation was 2.4 percent in April as well after March
In line with analysts’ expectations, annual inflation in the euro…
Read more >GKI article in the EU: 20 years of change
Are we falling behind the Visegrád countries, or are we…
Read more >European Parliament adopts AI legislation
The European Parliament has voted by an overwhelming majority in…
Read more >Related news
The latest issue of Trade magazin is out now!
The digital version is available with more content once again…
Read more >FAO: global food prices increased for the second month in April on a monthly basis
In April, global food prices rose for the second month…
Read more >Beauty care travels at breakneck speed
Beauty care is one of the fastest growing markets in…
Read more >