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Counterfeit Goods on the Rise

Are You More Tempted to Buy Fake Goods in a Weaker Economy?

While some of fashion's greatest have been hit hard from troubling economic times, one sector has profited during the demise: counterfeits.

"If you're a luxury brand and you don't think you're being counterfeited, you're living in a cave," said Harley Lewin, intellectual property lawyer. "It's a constant fight."

With consumers not being able to afford the "real thing," the counterfeit market has gained monetary momentum in the past couple of years selling fake shoes, bags, and other goods online and in stores. Such illegitimate business — which mostly comes from China — cost retailers about $250 billion a year and 750,000 lost jobs. That said, brands are suffering while impostors are reaping the benefits of hard times. Are you tempted to buy fake goods during tough times?

Join The Conversation
amber512 amber512 7 years
I don't buy namebrand or counterfeit. I'd rather just shop somewhere cheap in the first place.
nikkisoda nikkisoda 7 years
snarkypants snarkypants 7 years
never in a million years!
franciepants franciepants 7 years
I get tempted but upon past experiences (not very many mind you), you will realize it's still nit real and just kind of tacky. Sometimes the fakes look generally nice and it's the added touches to make it look real that make the bag look even worse.
lalorac lalorac 7 years
Generally these days I save for nicer pieces and pass on lower cost quantity-driven purchases; less is more, and all that. I recently got a pair of shoes on eBay and was PISSED when I recieved them to learn that they were counterfeit from China.
arcticpuppet arcticpuppet 7 years
nope. if i'm going to buy something, i'm going to work hard and get the real deal.
KadBunny KadBunny 7 years
Never, and I wish I could say I refuse because it's the moral thing to do :P, but it's just... weird to me. To each her own of course, but I personally could never carry a fake no matter how good a knock-off it is 'cause I'd always know. And for the price some knock-offs go for I'd rather save for the real thing anyway. 1 high quality bag > 5 decent fake ones. Then again I don't particularly care about labels anyway so I rarely face this dilemma. If it's cute it's cute.
rc630 rc630 7 years
I thought counterfeit stuff was brilliant when I was about 15. I had a fake Chloe Paddington and I loved it.. but then I realized that most counterfeit stuff isn't that great. The only people who could recognize a Chloe or Tods, etc, would realize it's a fake. And the stuff that the average person would be able to spot as a Louis Vuitton.. well there's so many fakes out there I assume when I see one it's a fake, unless the rest of the person's outfit looks high end too. I think that a unique $100, $50 (or even $10) bag looks way better than any fake could.
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