Ever wonder if a deal on a designer good is too good to be true?
Harper’s Bazaar is working tirelessly to take down the production of conterfiet mechandise. Their website  www.fakesareneverinfashion.com provides great information on how not to be fooled by a fake and shows what happens when money goes towards this fake trade.
Not sure if you’re about to buy the real deal, check out Bazaar’s tips: http://www.fakesareneverinfashion.com/fakes_real_deal.asp

Statistics from Bazaar’s Numbers to Know Page:

$600 Billion

 Estimated annual sales in counterfeit products worldwide

$512 Billion

Global sales lost to counterfeit goods

$250 Billion

Annual loss to American companies from intellectual property theft

$20 Billion

Estimated loss to American companies from counterfeit products

$1 Billion

Estimated annual loss in New York City tax revenues due to counterfeiting

750,000

Number of jobs lost due to intellectual property theft in the United States

10%

Estimated percentage of fakes among all goods produced worldwide every year

 

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