Video | Agriculture | Confidence | Economy | Energy | Employment | Finance | Media | Property | RBNZ | Science | SOEs | Tax | Technology | Telecoms | Tourism | Transport | Search

 


Parallel Imports a risk to consumers


Parallel Imports a risk to consumers

The Cosmetic Toiletry and Fragrance Association today warned consumers of the risks of purchasing cosmetic products from the current rash of businesses promoting cheap import cosmetic and fragrance products.

“Many of the products are old discontinued lines with at least one recent example found to be over five years old” said Garth Wyllie Executive Director.
“When products are this old there is no guarantee of the quality and consumers are not getting what they think they are getting in many cases”, he said.

We question the safety of products that have been shipped without the normal adherence to both keeping the products in top condition and in meeting the rules normally applied for shipping of such products. In some instances there may even be breaches in Aviation rules when these products are imported via the postal system.

“Much of the promotion of products talks about the savings consumers will achieve however the CTFA warns consumers not to buy before checking out the real prices at normal retailers. In some cases the savings are not real and certainly don’t justify the risk to the consumer of buying old products. This is very much a case of buyer beware” said Garth Wyllie

There is some evidence that the parallel imported products may not always be genuine and this is particularly so when the price difference is substantially less than the actual retail price. In such cases consumers may not be getting a bargain, but ripped off with inferior products that at best only use the brand name they purport to be. Such products are likely to be made in back street operations using poor quality ingredients and manufacturing processes.

“Consumers should be very wary of purchasing via parallel importers claiming bargain prices” said Garth Wyllie


© Scoop Media

 
 
 
 
 
Business Headlines | Sci-Tech Headlines

 

Watch This Space: Mahia Rocket Lab Launch Site Officially Opened

Economic Development Minster Steven Joyce today opened New Zealand’s first orbital launch site, Rocket Lab Launch Complex 1, on the Mahia Peninsula on the North Island’s east coast. More>>

Earlier:

Marketing Rocks!
Ig Nobel Award Winners Assess The Personality Of Rocks

A Massey University marketing lecturer has received the 2016 Ig Nobel Prize for economics for a research project that asked university students to describe the “brand personalities” of three rocks. More>>

ALSO:

Nurofen Promotion: Reckitt Benckiser To Plead Guilty To Misleading Ads

Reckitt Benckiser (New Zealand) intends to plead guilty to charges of misleading consumers over the way it promoted a range of Nurofen products, the Commerce Commission says. More>>

ALSO:

Half A Billion Accounts, Including Xtra: Yahoo Confirms Huge Data Breach

The account information may have included names, email addresses, telephone numbers, dates of birth, hashed passwords (the vast majority with bcrypt) and, in some cases, encrypted or unencrypted security questions and answers. More>>

ALSO:

Rural Branches: Westpac To Close 19 Branches, ANZ Looks At 7

Westpac confirms it will close nineteen branches across the country; ANZ closes its Ngaruawahia branch and is consulting on plans to close six more branches; The bank workers union says many of its members are nervous about their futures and asking ... More>>

Interest Rates: RBNZ's Wheeler Keeps OCR At 2%

Reserve Bank governor Graeme Wheeler kept the official cash rate at 2 percent and said more easing will be needed to get inflation back within the target band. More>>

ALSO:

Get More From Scoop

 
 
 
 
 
 
 
 
 
Business
Search Scoop  
 
 
Powered by Vodafone
NZ independent news