Collaboration falls through as Kering brands sue Alibaba again
Last Friday, companies including Gucci, Yves Saint Laurent and Balenciaga filed a lawsuit against Alibaba Group in a US federal court contending that the e-commerce giant has not done enough to prevent sales of counterfeit goods on its sites. Calling the accusations baseless, an Alibaba spokesperson said that Kering had “chosen the path of wasteful litigation instead of the path of constructive cooperation”.
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