Economy · Cyprus

The Cost of Imitation Brands in Cyprus

1 sourceFirst reported 1 month agoUpdated 1 month ago

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Ineffective imitation brands are not just a European trend, but also a Cypriot habit.
Counterfeit products cost Cyprus 63 million euros annually, according to EUIPO data.
The clothing sector suffers the most, with losses of 49 million euros from imitation brands.

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AI summary: catch up in 20 seconds

Ineffective imitation brands are not just a European trend, but also a Cypriot habit.
Counterfeit products cost Cyprus 63 million euros annually, according to EUIPO data.
The clothing sector suffers the most, with losses of 49 million euros from imitation brands.

Generated by AI from the 1 sources below · always verify with the originals