Consumers beware! More than likely £73 million will be spent on counterfeit goods this Christmas Day alone.
A total £73 million could be spent on counterfeit goods on Christmas Day warns NetNames.
Online brand protection company NetNames has predicted that a whopping £360m ($537m) will be spent on counterfeit goods in the UK alone over the Christmas period.
Only a few months ago, hoverboard hysteria swept the nation. Endorsements by celebrities from Lily Allen to Usain Bolt led to a massive rush of pre-orders and John Lewis swiftly ran out of stock.
They are the must-have Christmas gift, with major stores reporting massive demand for hoverboards.
Earlier this year, Maplin thanked the anticipation for the new Star Wars film for the increase in demand for retro tech.
Responding to an investigative piece published in The Sunday Times entitled ‘How to fake a bestseller’, Amazon has revealed that it intends to take legal action against thousands of individuals suspected of writing fake reviews on its website.
Hoverboards have been getting a bad rap recently, despite all the endless hours of fun they provide.
Consumers are being warned about a glut of cheap, knock-off hoverboards after thousands of the popular motorised mini-scooters have been seized by border control officers for having unsafe components.
Just in time for your Christmas shopping, we asked the experts for some tips to ensure you’re buying the real deal – not counterfeit goods.