Michael Kors and Gucci America have jointly walked on the International Anti-Counterfeiting Coalition because Chinese eCommerce giant Alibaba has been allowed to join. Alibaba faces wide criticisms — not to mention litigation — over the wide variety of fakes for sale on its marketplaces.
As if to add insult to injury to brands that feel that Alibaba’s very existence is a risk to their identity, Alibaba isn’t just joining up with the IACC. Founder, CEO and chairman Jack Ma will be the keynote speaker at the event’s spring conference later this month.