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COINTURK FINANCE > Business > Luxury Brand Lacoste Adopts AI to Combat Counterfeiting
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Luxury Brand Lacoste Adopts AI to Combat Counterfeiting

Overview

  • Lacoste partners with Cypheme to combat counterfeiting with AI.

  • Vrai AI detects counterfeits, offering high accuracy without labels.

  • Experts highlight ongoing need for collaboration against counterfeiters.

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COINTURK FINANCE 11 months ago
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Counterfeiting in retail, a multi-billion dollar challenge, has compelled leading brands to seek innovative solutions to protect their products. Lacoste, the renowned luxury sports fashion brand, recently faced a sophisticated counterfeiting scheme, prompting the company to centralize returns at its Troyes warehouse in France. There, a dedicated team inspects each returned item to confirm authenticity. In response to the increasing complexity of counterfeit schemes, Lacoste has turned to advanced technology to enhance its anti-counterfeiting measures.

Contents
How Does Vrai AI Improve Detection?What Additional Features Does It Include?

Lacoste’s recent partnership with the technology firm Cypheme brings an AI-powered solution named Vrai AI into its warehouses. Historically, luxury brands have grappled with counterfeiting issues, often relying on manual inspections that are labor-intensive and not foolproof. In contrast, the implementation of Vrai AI introduces a new level of verification that analyzes visual nuances of product features with high precision. This technology promises to set a new benchmark for authenticity checks in the fashion industry.

How Does Vrai AI Improve Detection?

Vrai AI offers an innovative approach by employing a neural network algorithm capable of identifying counterfeit products from standard images without requiring labels or special markings. According to Cypheme, the solution boasts a detection accuracy of 99.7%. This technology scrutinizes minute details, such as Lacoste’s iconic crocodile logo, differentiating genuine items from fakes with remarkable precision. The AI’s capacity to recognize counterfeits it has never encountered before marks a significant advancement in combating counterfeiting.

What Additional Features Does It Include?

Beyond visual detection, Cypheme’s “Noise Print Label” technology introduces unique digital stickers that are nearly impossible to replicate, adding another layer of protection. These labels facilitate real-time tracking across supply chains, crucial for industries demanding stringent product verification. By integrating this technology, Lacoste not only enhances product security but also gains insights into the origins of counterfeit goods, potentially preventing future occurrences.

AI’s application in counterfeiting extends beyond fashion. Cypheme is adapting its technology for the pharmaceutical sector, where counterfeit drugs pose severe health risks. The company collaborates with NGOs to refine Vrai AI’s capabilities, aiming to authenticate widely used medications like antimalarials, especially in regions severely affected by fake pharmaceuticals. The initiative underscores AI’s potential to address public health crises linked to counterfeit products.

While Vrai AI represents progress, experts emphasize that the fight against counterfeiting is ongoing. Randall McCarthy, a patent attorney, cautions that counterfeiters may also leverage AI to evade detection. Achieving meaningful results requires industry collaboration and regulatory advancements. AI alone cannot resolve the counterfeiting dilemma, but it can significantly bolster existing efforts, surpassing traditional methods in efficiency and reach.

Counterfeiting remains a persistent threat, challenging industries to continuously evolve their strategies. The integration of AI technologies, as demonstrated by Lacoste and Cypheme, highlights a proactive stance in safeguarding product integrity. However, as counterfeiters adapt, ongoing collaboration across sectors is crucial to maintain the efficacy of these technological defenses. Moving forward, balancing innovation with strategic partnerships and regulatory support will be essential to tackling counterfeit challenges effectively.

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Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research.

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