By Charlotte McEleny

Alibaba has come out in defense of its anti-counterfeiting efforts after a string of major brands, including Gucci and Michael Kors, abandoned their membership of the International Anticounterfeiting Coalition (IACC) in protest of Alibaba becoming a member.

Tiffany has become the latest brand to distance itself from the organisation, according to a report in the Wall Street Journal.

Alibaba Group director and president Michael Evans said in a blog post that collaboration is necessary to drive down fakes and blamed IP lawyers for creating a negative PR spin in order to make more money.

“We are part of the Read full story ›

Source: The Drum