Reebonz Announces Membership to Association Against Counterfeit Distribution (“AACD”)
Reebonz Holding Limited - Ordinary Shares (RBZ)
Company Research
Source: GlobeNewswire
SINGAPORE, Aug. 05, 2019 (GLOBE NEWSWIRE) -- Reebonz Holding Limited (the “Company” or “Reebonz”; Nasdaq: RBZ), a leading online luxury marketplace and platform in Asia Pacific, announced today that it has received membership to the Association Against Counterfeit Product Distribution (“AACD”), an organization working to prevent and eliminate counterfeit and illegal goods. Reebonz is the first overseas company to join the AACD and is applicable to products it owns. The AACD is an industry group in Japan that was launched in April 1998 with the aim of preventing and eliminating the distribution of "counterfeit goods" and "illegal goods". The AACD believes that the protection of intellectual property rights in the consumer market is of paramount importance. The organization’s aim is to create a sound and reliable market in which consumers can safely purchase genuine branded products by preventing the distribution of counterfeit and fraudulent products, or otherwise eliminating such
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