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Counterfeit Spyder Apparel From Russia Seized In Finland

OCTOBER 10, 2005 -- A shipment of more than 1,000 counterfeit Spyder jackets and pants was stopped at the Finnish border. In late August, the Finnish National Board of Customs notified the company of a Spyder-branded jacket and pant shipment arriving from Russia that they suspected to be counterfeit. After receiving verification from Spyder that the merchandise was indeed counterfeit, Finnish Customs seized the goods. It is believed the product was headed for distribution points across the European Union, a substantial market for the brand. Had the product worked its way into the market, it would have undermined local retailer investments and left customers holding a low quality rendering of authentic Spyder goods.

Spyder filed a criminal complaint in Finland vs the Finnish importer of the goods. Once the case is concluded, the counterfeit merchandise will be destroyed. "Spyder has become a worldwide prestige brand and therefore is a target of counterfeit activity," said David Jacobs, Spyder's CEO. "We're serious in our efforts to seize illegal product. It's an ongoing issue, and we're spending significant resources to minimize the problem." The first Spyder counterfeits appeared in Russia in '03, and sales of forged product has spread to Eastern Europe.


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Categories
Sporting goods industry
Apparel manufacturing
Jackets
CD-Rs

Companies
Spyder
Finnish National Board of Customs
European Union (EU)

Concepts
retailer investments
prestige brand
distribution points
pant shipment
receiving verification

People
David Jacobs





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