Fake Fashion Costs the Industry Over $28 Billion USD Annually

Counterfeit fashion is a strange yet inexorable part of the industry, where luxury items, high in demand, propel the emergence of knock-off brands and fake goods in an earnest attempt to copy coveted designs (while compromising quality and price). The EU's Office for Harmonization in the Internal Market recently conducted a study to find "the threat that counterfeiting poses to the industry's innovative output and the direct and indirect costs to the EU economy."

In high-fashion-centric...

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