Alibaba is once again in the hot seat facing allegations of supporting the sale of counterfeit goods on its sites. The issue has been a thorn in its side this year and is one of the reasons the stock has not been performing well. It’s now facing a lawsuit from the owner of some of the world’s top brands. CCTV America’s Karina Huber filed this report from New York.
Watch Maryann Stump, VP Strategy Director, comment on the affects of counterfeiting on brand.