Counterfeiting Page 1
She may not look like she packs much of a punch, but Tory Burch is a heavy-hitter when it comes to the fight against counterfeiting. Her company won the biggest sum ($146 million!) in our roundup this week of major victories against fashion fakes, and today they have filed no less than four new suits against shady companies allegedly dealing in Tory Burch knockoffs.
An adviser to the British Home Office has co-written a study claiming that counterfeit designer goods aren’t really that bad for the fashion industry. In fact, the study claims, counterfeit goods have less of a financial impact on the rag trade than we previously thought, and that selling fake Louis Vuitton Speedy 25s on the side of the road is really a good thing. There are a few reasons why, to put it not-so-politely, this is B.S.