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While the sites have about the same number of brands in Germany, in the U.K., Zalando stocks nine of the top 20 womenswear brands, vs. Amazons four. And much of what Amazon carried in Europe was out of season or discounted, Bernstein found. Almost three-fifths of Amazons Levis products in Britain and Germany were discontinued merchandise, vs. just 14 percent at Zalando. Ritter says hes working hard to strengthen relationships with major fashion brandswhich typically prefer merchants that push current-season, full-price merchandiseas a way to keep interlopers at bay. They know we are not out to commoditize or monopolize fashion, he says. We are focused on the more fashionable customer. More from Bloomberg.com: German Police Investigate Probable Terror Attack in Berlin A big challenge for Zalando will be spending enough to fend off Amazon while achieving its long-term goals of steadily increasing profit margins and sales growth that tops 20 percent annuallytargets that have helped fuel a 64 percent share gain since its 2014 initial public offering. Zalando has promised a 4 percent to 5.5 percent operating margin this year, and analysts expect that to reach 6.5 percent in 2018.
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"That is simply not true" says The Counterfeit Report, a popular a counterfeit awareness and consumer advocate website (www.TheCounterfeitReport.com). "Consumers looking for a bargain are handing over good money for bad products at prices near retail believing they are purchasing the real thing" says publisher Craig Crosby Think you can spot a counterfeit? "Probably not" says Crosby who reviews thousands of counterfeit products, some dangerous or even deadly. "Serious problems and hazards await unsuspecting consumers who unknowingly use counterfeit products every day that are widely distributed over internet websites, e-commerce websites and swap meets." And, the counterfeit product industry is big, very big -- expected to exceed $1.7 trillion globally this year with over 60% of goods going to the United States. ALSO READ: Merrill Lynch Out With 11 Top Stock Ideas for 2017 The Counterfeit Report's free website features products from over 250 global brands and thousands of product photos to educate and help consumers visually identify the fakes. "If it's manufactured, it's probably been counterfeited and will likely fool you." says Crosby. There is an avalanche of counterfeit goods from internet retailers and auction websites that look authentic, but are poor quality or unsafe. Global giants including eBay and Amazon feature listings from unvetted global sellers that convey an illusion of seller credibility, and can lead the consumer into mistakenly believing the product featured is genuine or authentic. The Counterfeit Report has identified over 12.6 million counterfeits and received thousands of counterfeit products from eBay, Amazon, and AliExpress website purchases. The sales technique is the same and simple; consumers shopping for "a good internet deal" see website listings displaying the manufacturer's (stock) advertising product photo of authentic everyday products; fragrances, drugs, phone chargers, sporting goods, batteries and much, much more. However, what the consumer often receives is an expertly crafted counterfeit specifically designed, manufactured and packaged to deceive them and they are.
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...as found by BBC Monitoring 22 December 2016 Image copyright Weibo/NewsXH Image caption The limited-edition phone comes with precious metals and gems Chinese social media users have expressed their shock about a gaudy golden smartphone created in partnership with Beijing's Forbidden City museum. The "Titanium Palace Edition" mobile phone goes on sale next month and has a price tag of 19,999 yuan ($2,880; 2,326), the state-run Global Times newspaper reports . While it contains no actual titanium, it comes with an 18-carat gold dragon decoration and a screen made from sapphire glass, People's Daily reports on its Weibo social media account. According to Beijing Youth Daily, the gem-laden device comes in a limited run of 999 devices, and was designed in partnership with the Palace Museum, inspired by the imperial collections it houses. But the phone's gaudy looks and its connection to one of China's most revered locations has not gone down well with Chinese social media users. According to Global Times, one user even went as far as calling it "a stain on the sacredness of the Imperial City". Another Weibo user turned to sarcasm with this mental image: "I always picture the Ancient Emperor strolling through the Forbidden City holding a smartphone." The reaction appeared to cause the museum to step back from giving the titanium Palace Edition its full backing, releasing a terse statement via its own Weibo account saying "We don't sell mobile phones". Holding the record for the most-visited museum in the world, the Forbidden City was the imperial palace of China's rulers until the end of the Qing dynasty in 1912. Over 14m people visit the museum every year, and - according to Beijing Youth Daily - it earns 1bn yuan ($144m; 116m) annually through souvenir sales.
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