Property News · July 9, 2016

Are grey goods the real deal?


They are legal and genuine, but imported and sold unofficially. So where does it leave consumers?A Samsung Galaxy S7 Edge mobile phone for £530 instead of £619, or an iPad Pro for £650 when it’s almost £800 elsewhere – these are some of the tempting offers you can find online if you visit websites selling products without the manufacturers’ authorisation.Goods such as these are known as “grey” products or parallel imports. According to the International Trademark Association (INTA), these goods are genuine in that they have been manufactured by, or for or under licence from, the brand owner. The discount comes because they are not being sold through official channels, and are usually brought in from another country. Continue reading…

Source : theguardian.com
Read more…Are grey goods the real deal?

You may also like...