China smashes counterfeiting ring that sold 100 million yuan of branded goods

SHANGHAI (Reuters) – Chinese police have arrested 32 members of a group they said made and sold up to 100 million yuan (£11.3 million) worth of counterfeit luxury goods from brands such as Louis Vuitton and Loewe, state news agency Xinhua said.

The case highlights the challenge faced by brands in China, whose products, such as cosmetics, and even automobiles, run the risk of being copied.

Police in the commercial capital of Shanghai also closed two assembly lines used to make the counterfeits and seized more than 4,000 bags, clothes and accessories, each of which they said cost the group 200 yuan to make.

Authorities launched the investigation last year, following a tip that knock-off luxury handbags were being sold on Chinese mobile messaging app WeChat, which is operated by Tencent Holdings.

They also made some arrests in January in the southern province of Guangdong and eastern Jiangsu, Xinhua said.

Reporting by Brenda Goh; Editing by Clarence Fernandez

Source

more recommended stories

  • Sri Lanka government declares curfew, shuts down access to major social media sites

    Sri Lankan military stand guard in.

  • In nod to debt concerns, China Belt and Road summit to urge sustainable financing

    SHANGHAI (Reuters) – World leaders meeting.

  • Doves, heartbreak and hope on 20th anniversary of Columbine High massacre

    LITTLETON, Colo. (Reuters) – A week-long.

  • Death toll from Congo boat accident rises to 40 – interior minister

    KINSHASA (Reuters) – Twenty-seven more people.

  • Yellow vest demonstrators, police clash in Paris

    PARIS (Reuters) – Clashes broke out.

  • Clashes break out between police and some yellow vest rioters in Paris

    PARIS (Reuters) – Clashes broke out.

  • Kosovo brings back fighters, families of jihadists from Syria

    PRISTINA (Reuters) – Kosovo brought back.

  • China to show new warships as Beijing flexes military muscle on navy anniversary

    QINGDAO, China (Reuters) – China will.

  • Pompeo says nothing’s changed on North Korea talks – ‘It’ll be my team’

    WASHINGTON (Reuters) – Secretary of State.

  • Mueller report strengthens resolves on both sides of political spectrum

    CLEARWATER, Florida/LAS VEGAS (Reuters) – After.

  • Democrats make legal bid for all Russia probe evidence, Trump calls Mueller report ‘crazy’

    WASHINGTON (Reuters) – Congressional Democrats on.

  • Explainer – Egypt votes on changing its constitution

    CAIRO (Reuters) – Egypt holds a.

  • ‘Tank man’ video for Leica sparks outcry in China ahead of Tiananmen anniversary

    BEIJING (Reuters) – Germany’s Leica Camera.

  • China says Silk Road not geopolitical tool, understands concerns

    BEIJING (Reuters) – China’s Belt and.

  • Trump spoke with Abu Dhabi crown prince on Thursday – White House

    FILE PHOTO: Abu Dhabi’s Crown Prince.

  • In unflattering detail, Mueller report reveals Trump actions to impede inquiry

    WASHINGTON (Reuters) – Special Counsel Robert.

  • Mueller report provides intimate scenes from the Trump White House

    (Advisory: Story includes language throughout that.

  • Barr begins rollout of Russia report in landmark moment for Trump

    WASHINGTON (Reuters) – U.S. Attorney General.

  • Time-lapse shots of Notre-Dame spire may offer clues on blaze

    A view shows Notre-Dame Cathedral after.

  • Iran says its armed forces are not a regional threat, calls for unity against U.S.

    LONDON (Reuters) – President Hassan Rouhani.

  • White House, Justice Department officials discussed Mueller report ahead of release – NYT

    WASHINGTON (Reuters) – White House lawyers.

  • Release of Mueller’s Trump-Russia report looms as fight brews over redactions

    WASHINGTON (Reuters) – Congressional Democrats could.

  • Saudi Arabia to host G20 Leaders’ Summit in November 2020: SPA news agency

    CAIRO (Reuters) – Saudi Arabia will.

  • Peru ex-president Garcia shoots himself as police try to arrest him

    FILE PHOTO: Former Peruvian president Alan.

  • Indonesia presidential election unofficial results

    JAKARTA (Reuters) – Indonesian President Joko.

  • Spain’s Socialists hold lead ahead of election, still short of majority – poll

    MADRID (Reuters) – Spain’s Socialists broadened.

  • Trump vetoes congressional resolution to end U.S. involvement in Yemen war

    FILE PHOTO: U.S. President Donald Trump.

  • 150 missing after shipwreck in eastern Congo

    KINSHASA (Reuters) – About 150 people.

  • Mutual friends and borrowed cars – how Ukraine’s would-be leader is linked to tycoon

    KIEV (Reuters) – Volodymyr Zelenskiy, front.

  • No sign of arson in Notre-Dame blaze as nation grieves for symbol

    PARIS (Reuters) – The fire that.

  • Russian court jails Norwegian for 14 years for espionage

    Frode Berg, a Norwegian national detained.

  • Nepal plane hits parked helicopter while taking off, killing three

    (This April 14 story corrects aircraft.