US: $360,000 worth of counterfeit products seized
By Katie Smith | 6 August 2012
Some US$360,000 worth of counterfeit hats, handbags and accessories have been seized by police in Laguna Beach, California, according to reports.
The handbags included luxury brands such as Gucci, Louis Vuitton, Jimmy Choo and Chanel amounting to $100,000, according to a report in the Laguna Beach Patch.
The other items, which included hats and accessories were valued at more than $260,000. The report added that no one has been arrested.
Sectors: Apparel
Companies: Gucci
View next/previous articles
Currently reading -
US: $360,000 worth of counterfeit products seized
3 Aug 2012 -
Related research
Luxury Goods Retailing - Global
“We are on the cusp - in two respects. Longer term trends herald the usurpation by Asia of Europe as the largest luxury goods market by revenues. More immediately, and worryingly, financial crises in Europe and the US threaten a stalling of the globa...
Global Luxury Retailing: Market Size, Brand Strategies and Competitor Performance
Following a steep but short decline in sales in 2009 the global luxury market is thriving once more. Affluent consumers are returning to premium brands, and those with newfound wealth are discovering them for the first time. This report forecasts tha...
Global Luxury Retailing: Market Size, Retailer Strategies and Competitor Performance
The global luxury market showed strong growth in 2010 and is poised for further expansion, driven by particular growth in the Asia Pacific region.This report outlines the size of the market by region as well as providing forecasts to 2015....
Related articles
There are currently no comments on this article
Be the first to comment on this article