Cosmetic products in UK are the most counterfeited goods

According to a recent survey by global investigation firm Kroll, perfume and cosmetic products are the most counterfeited goods in the UK. The report states that cosmetic or beauty products were the sixth most counterfeited products after toys, chargers, clothing, bags and sports shoes.

The firm stated that duplicate consumer products are a growing part of the global economy and pose a risk to the economy and consumers. The outcomes of the counterfeit goods are dangerous and have many negative effects.

Benedict Hamilton, Managing Director at Kroll said, “We have seen how the counterfeiting of seemingly harmless clothing items such as jeans and t-shirts is actively contributing to the financing of global terrorist activity, so in addition to consumers’ health, there is also the broader world impact to consider.”

He also said that counterfeits don’t begin and end with the seller on the street; there is an entire supply chain in operation to create bogus goods and to stem the flow, we need to find the source.

On tackling the counterfeit goods, he said, “Only by following the chain of fake goods all the way up to those producing them and raising awareness of the problem, will we be able to safeguard against the potential dangers posed by counterfeits.”

Source: cosmeticsbusiness.com