Maritime Trade And Counterfeit Goods Needle In A Haystack
An early setback this year for Chinese counterfeiters saw the seizure of more than 80,000 fake watches in Gioia Tauro in Calabria on 5 January. Lucky straw or final straw? Report of a visit to the bottom of the haystack.
The port infrastructure of Gioia Tauro was built in the early 1990s with a view to absorbing container traffic. Indeed, containers have ushered in a minor revolution in the way maritime trade is conducted, in the sense that a single cargo can transport all kinds of goods in a motley collection seemingly inextricable to ordinary mortals.
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New Record For The Swatch Group “Dazzling Prospects”
Everything is for the best in the best of worlds for the Swatch Group, which has published record results for 2006 while announcing a "very promising" 2007 financial year.
Last year the worlda€™s leading watch company saw its net profit increase by 33.7% to 830 million francs and its operating profit rise to 973 million, compared to 735 million in 2005 (+32.4%).
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