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A global divide in luxury goods counterfeiting

Insights

• The $*** billion counterfeit luxury market is shaped by regional demand and cultural preferences.
• Louis Vuitton dominates fakes in the West.
• Prada leads in Japan/Asia-Pacific and Saint Laurent in Italy.
• Italy's 'legal fake' loophole and skilled manufacturing boost high-quality replicas.
• Counterfeiters use crypto, social media, and forged documents, costing retailers billions.