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Gucci, YSL, Others Suing Alibaba Back Down on Mediation Threat

Luxury brands suing Alibaba promoting the sale of counterfeit goods have backed away from their threat to withdraw from mediation, despite Alibaba founder Jack Ma's statement that he would rather lose the case than settle.
A Gucci wallet of unverified origin listed on Alibaba's Taobao | Source: Taobao
By
  • Reuters

PARIS, France

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