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These tactics are all part of the industry’s hope to neutralize the booming counterfeit market, with some estimates asserting that fake fashion and luxury items account for 60% or more of the ...
From handbags to clothing, shoes and even sunglasses, federal authorities say they seized more than $1 billion worth of counterfeit luxury products in New York, making it the largest seizure of ...
LONDON — Louis Vuitton has denied allegations that its Changsha boutique in China has sold a fake bag to a customer. A legal document disclosed online last week revealed that the French luxury ...
French courts have disagreed with the Second Circuit decision. In 2008, Louis Vuitton Moet Hennessy (LVMH) sued eBay in France over the sales of counterfeit perfumes and handbags on its website. [24] LVMH alleged eBay had not done enough to stop the sale of counterfeit goods, but eBay lost the lawsuit. [25]
In 2016, in a span of 3-day period, Instagram has identified 20,892 fake accounts selling counterfeit goods, collectively responsible for 14.5 million posts, 146,958 new images and gaining 687,817 new followers, with Chanel (13.90%), Prada (9.69%) and Louis Vuitton (8.51%) being the top affected brands according to a study from The Washington Post.
Counterfeiting remains a growing problem in the modern world economy. The garment industry is one of the largest areas of counterfeit goods. Louis Vuitton estimates two to three million counterfeit Louis Vuitton pieces are produced each year—about twice the number of genuine products it manufactures. Because of this, Louis Vuitton spends ...
Example of a counterfeit watch, fake Rolex Daytona bought on the streets in New York City. A counterfeit watch (or replica watch) is an unauthorised copy of an authentic watch. High-end luxury watches such as Rolex, Patek Philippe and Richard Mille are frequently counterfeited and sold on city streets and online.
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