Shoe Industry Losses to Fakes

in Counterfeit Goods

The Counterfeit Shoes market is the selling of shoes under brand names without a license or the permission of the legitimate brand owner.

According to BusinessWeek Magazine, the annual estimated losses to the shoe industry from counterfeits is $12 billion.  Fake shoes are also the most counterfeited product entering the United States.

In Brazil alone, consumers spent $920 million on fake shoes.

 

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