Counterfeit Purses Market Value: $70 Million

Posted on May 10, 2008
Filed Under Black Market Index, counterfeit and piracy |

Counterfeit Purses are products that are sold as brand items without the authority of the legitimate brand name owner.

One company estimates losses up to $70 million to counterfeit purses.

Source: Caitlin Ingrassia, “Knockoffs Go Suburban,” Wall Street Journal, January 16, 2004.

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