Chanel is the top counterfeit brand in South Korea
A government report in South Korea has found that luxury brand Chanel is the most counterfeited brand in the country.
French luxury brand Chanel most frequently falls victim to widespread trademark breaches in South Korea, which continues to grapple with rampant circulation of fake designer products, a government report showed Sunday.
The market for luxury goods has been booming in South Korea in recent years, whether those goods are the real thing or a very convincing counterfeit. Estimated at about 15 trillion won ($13.2 billion), the luxury market is said to be much larger when counterfeit goods are taken into account.
