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Shirts at 22. 50, and they got the whole rack. When police moved in to make the arrest, they found enough merchandise to fill a room. All taken in less than an hour without anyone inside the store noticing a thing. [ticking] we have never seen a problem of this size and magnitude in world history. Now hang on. In world history. Theres more counterfeiting going on in china now than weve ever seen anywhere. Name an american brand. Any brand. Any kind of product. Just name it, and well tell you something about it. Its probably being counterfeited in china as we speak. This is the most profitable criminal venture, as far as i know, on earth. Counterfeiting. Counterfeiting and your partners dont kill you. Welcome to 60 minutes on cnbc. Im steve kroft. In this edition, we look at the multibillion dollar business of international crime. First, we report on the theft of an eyepopping fortune stolen from the iraq treasury. Then we take a look at shoplifting gangs from south america. And finally ....
Store. Shirts at 22. 50, and they got the whole rack. When police moved in to make the arrest, they found enough merchandise to fill a room. All taken in less than an hour without anyone inside the store noticing a thing. [ticking] we have never seen a problem of this size and magnitude in world history. Now hang on. In world history. Theres more counterfeiting going on in china now than weve ever seen anywhere. Name an american brand. Any brand. Any kind of product. Just name it, and well tell you something about it. Its probably being counterfeited in china as we speak. This is the most profitable criminal venture, as far as i know, on earth. Counterfeiting. Counterfeiting and your partners dont kill you. Welcome to 60 minutes on cnbc. Im steve kroft. In this edition, we look at the multibillion dollar business of international crime. First, we report on the theft of an eyepopping fortune stolen from the iraq treasury. Then we take a look at shoplifting gangs from south america. And ....
The john lewis partnership, which includes waitrose, has launched what it calls a bold new plan to transform the business and boost its profits, which have slumped in recent years. Its investing a billion pounds in online services, and improving stores, over the next five years. But it also wants to become less reliant on shops to make money, by Offering New Services such as Home Insurance and housing. Our business correspondent, emma simpson, reports. This Employee Owned business has been going for 91 years but what about the next . Nothings guaranteed for retailers any more and these Big Department stores are under the most pressure. Right now, for every 100 pounds thats spent atjohn lewis, 60 of it is done online, meaning its harder for these stores to mak ....
For the first time. And Animal Charities in the uk warn theyre seeing a surge in horses clinical trials. Being abandoned during the pandemic because of financial pressures on owners. Hello and welcome if youre watching in the uk or around the world and stay with us for the latest news and analysis from here and across the globe. Im shaun ley. We begin in france this lunchtime, a country in shock after the murder of a teacher in the outskirts of paris. The man was beheaded near the school where earlier this month he had shown his pupils cartoons of the Prophet Muhammad during a discussion about freedom of expression. The killer an 18 year old of chechen origin was shot dead by police. Nine people including his parents have been arrested. The french prime Ministerjean Castex has tweeted that, france will react wit ....
In new Zealand Jacinda ardern is re elected with a landslide victory for the Ruling Labour Party victory for the Ruling Labour Party. The coronavirus pandemic. She was widely praised for her handling of the coronavirus pandemic. Hello and welcome if youre watching in the uk or around the world and stay with us for the latest news and analysis from here and across the globe. France is in shock today after the murder of a teacher in the outskirts of paris in what president macron described as an islamist terror attack. The man was beheaded outside the school where earlier this month he had shown his pupils cartoons of the prophet mohammed during a discussion about freedom of expression. The killer an 18 year old of chechen origin was shot dead by police. Nine people, including his parents, have been arrested. Th ....