ALIBABA.com sued by fashion brands over alleged counterfeits

China's leading on line marketplace ALIBABA, is being sued by the French owner of Gucci, Yves Saint Laurent, Puma and other fashion brands. Paris-based Kering has accused the firm of making it possible for US shoppers to order counterfeit goods in bulk from Alibaba's various websites. It follows a failed attempt to resolve the matter outside the courts. Alibaba said it was already taking action against fake goods and that it planned to fight the case.

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