By 2019, the OECD estimated that counterfeit and pirated goods represented approximately 2.5% of global trade, worth about $464 billion. Fashion and luxury goods were among the most heavily targeted sectors: Ray-Ban, Rolex, Supreme, and Louis Vuitton were identified in 2016 as some of the most copied brands, while Nike was described as the world's most counterfeited brand. The trade ranged from crude handbags and shoes with misspelled logos to carefully made watches and garments designed to deceive buyers who recognized only the label rather than the construction.
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AI concept artworkArchive Record · 2010s
The Digital Counterfeit Empire: How Luxury Fakes Escaped the Street Market
Ray-Ban, Rolex, Supreme, Louis Vuitton, and Nike / 2010s
By 2019, the OECD estimated that counterfeit and pirated goods represented approximately 2.5% of global trade, worth about $464 billion. Fashion and luxury goods were among the most heavily targeted sectors: Ray-Ban, Rolex, Supreme, and Louis Vuitton were identified in 2016 as some of the most copied brands, while Nike was described as the world's most counterfeited brand. The trade ranged from crude handbags and shoes with misspelled logos to carefully made watches and garments designed to deceive buyers who recognized only the label rather than the construction.
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