San Francisco, CA: September 12, 2016 - Vibram®, the renowned Italian sole manufacturer and inventor of the Vibram FiveFingers® shoes, designed to give wearers the feeling of minimalism with the protection and performance of a Vibram sole, has enlisted the help of online brand protection expert, MarkMonitor®, to tackle the growing number of counterfeit products online.
To help combat these issues, Vibram launched an online brand protection partnership with MarkMonitor in November 2015 and conducted an extensive scan of more than 60 online marketplaces.
Vibram continued working closely with MarkMonitor and developed a brand protection strategy to tackle its counterfeiting problem. In just over seven months it removed more than 1,900 different listings from online marketplaces, selling 416,000 infringing items worth an estimated 17 million Euros ($19 million). MarkMonitor has also enforced against counterfeit goods on 353 websites and resolved issues on 198 infringing sites.
Mike Wiltshire of Primal Lifestyle, official UK distributor for Vibram FiveFingers, said: "Our barefooting concept will continue to evolve and we want to do everything in our power to ensure that those consumers seeking genuine products are not duped by counterfeiters. Many of the counterfeit products are distributed via online marketplaces, or on illegitimate websites using stolen imagery and text, and can look very similar to our genuine website and products.
"Many unsuspecting customers don't realise they have been deceived until they receive the poor quality product and sometimes they receive no product at all. We are working diligently to take action against online counterfeiters and we are really impressed with the initial successes achieved by MarkMonitor. Tackling the problem of counterfeiting and brand infringement is an ongoing challenge and it would be nigh impossible without the right expertise and technology in place."
Vibram was established in the 1930s by Italian climber Vitale Bramani who sought to introduce rubber-soled shoes for the sport, following a tragic accident caused by leather-soled shoes. Seven decades later the company designed the Vibram FiveFingers shoes that take inspiration from the human feet (minimalism and 5-toes shapes) with the protection and performance of a Vibram sole, a product well regarded in the market. The brand now offers a variety of the unique designs to cover a range of activities — from fitness training and yoga, to running, trekking and sailing.
Jerome Sicard, MarkMonitor regional manager southern Europe, said: "The issue of counterfeiting online is affecting brands across the globe and having a robust and effective brand protection strategy has become an inevitable requirement for all organisations conducting their business on the Internet. Counterfeiters are continually refining their methods and processes in an attempt to deceive consumers, and with the sheer volume of marketplace listings and methods of infringement, seeking external help and an advanced technological solution is the quickest and most effective approach.
"We are still in the early stages of the campaign with Vibram. However, the initial results are very promising and we will continue to work closely to protect the brand and its customers and take robust action where appropriate."
MarkMonitor, the global leader in enterprise brand protection, offers comprehensive solutions and services that safeguard brands, reputation and revenue from online risks. With end-to-end solutions that address the growing threats of online fraud, brand abuse and unauthorised channels, MarkMonitor enables a secure Internet for businesses and their customers. The company's exclusive access to data combined with its patented real-time prevention, detection and response capabilities provide wide-ranging protection against the ever-changing online risks faced by brands today. For more information, visit www.markmonitor.com.
Thomson Reuters is the world's leading source of intelligent information for businesses and professionals. We combine industry expertise with innovative technology to deliver critical information to leading decision makers in the financial and risk, legal, tax and accounting, intellectual property and science and media markets, powered by the world's most trusted news organization. For more information, go to www.thomsonreuters.com.
Vibram® is the world leader in the development and manufacturing of high-performance rubber soles for outdoor and leisure activities, workwear, fashion, orthopaedics and correction. For more than 75 years the yellow octagon that symbolises Vibram® has been synonymous worldwide with quality, performance, safety and innovation in the footwear industry. With its international headquarters in Albizzate (Varese) Italy, Vibram® produces more than 40 million soles every year, dedicates over one million kilometres to testing, is present in 120 countries and has manufacturing, research and representation bases in the USA, China, Japan, Brazil and Italy. www.vibram.com.
Zeno Group for MarkMonitor
© 2016 MarkMonitor Inc. All rights reserved. MarkMonitor® is a registered trademark of MarkMonitor Inc., part of the Intellectual Property & Science business of Thomson Reuters. All other trademarks included herein are the property of their respective owners.
MarkMonitor, the leading enterprise brand protection solution and a Clarivate Analytics flagship brand, provides advanced technology and expertise that protects the revenues and reputations of the world's leading brands. In the digital world, brands face new risks due to the Web's anonymity, global reach and shifting consumption patterns for digital content, goods and services. Customers choose MarkMonitor for its unique combination of advanced technology, comprehensive protection and extensive industry relationships to address their brand infringement risks and preserve their marketing investments, revenues and customer trust. For more information, visit www.markmonitor.com.
Clarivate Analytics accelerates the pace of innovation by providing trusted insights and analytics to customers around the world, enabling them to discover, protect and commercialize new ideas faster. Formerly the Intellectual Property and Science business of Thomson Reuters, we own and operate a collection of leading subscription-based services focused on scientific and academic research, patent analytics and regulatory standards, pharmaceutical and biotech intelligence, trademark protection, domain names, brand protection and intellectual property management. Clarivate Analytics is now an independent company with over 4,000 employees, operating in more than 100 countries and owns well-known brands that include Web of Science, Cortellis, Thomson Innovation, Derwent World Patents Index, CompuMark, MarkMonitor and Techstreet, among others. For more information, visit clarivate.com.
Zeno Group for MarkMonitor
© Copyright 2017 MarkMonitor Intellectual Property & Science is now known as Clarivate Analytics, and is no longer part of Thomson Reuters