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May 19, 2015
BEIJING — The owner of fashion brands Gucci and Yves Saint Laurent has accused Alibaba Group in a lawsuit of profiting from sales of counterfeit goods despite the Chinese e-commerce giant's pledge to combat the trade in fakes.
The lawsuit by France's Kering SA and a group of its brands in a New York court is a setback for Alibaba's effort to assure companies and regulators it is doing enough to keep counterfeits off its online sales platforms.
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