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9 May 2016

Gucci exits IACC after Alibaba joins

Luxury brand Gucci has terminated its membership with the International Anticounterfeiting Coalition (IACC) in what is an alleged protest at Alibaba joining one of the organisation’s new membership categories.

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More on this story

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13 May 2016   Luxury brand Tiffany has left the International AntiCounterfeiting Coalition, the latest company to depart the organisation since Alibaba was allowed to join.
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16 May 2016   The International AntiCounterfeiting Coalition has suspended Alibaba from its membership following the exit of luxury brands including Tiffany and Michael Kors and after concerns were raised about its governance.