In an article by WWD titled "Feds Crack Down on Counterfeits" it talks about the growning trend both domestically and abroad on producing counterfeit products. Designers like Nike, Coach, Rolex, Gucci, Polo Ralph Lauren, Louis Vuitton, Chanel, Fendi, Cartier, Prada, Burberry, Christian Dior and Ed Hardy have all fallin victim to this global crime. But because of the growning trend Federal Agencies such as the Immigration and Customs Enforcement have seized over $260 million in fake apparel, accessorie, etc. In this month alone to send a message to counterfeit community.
The sudden crack down on the booming illegal industry is in part due to the enormity of the industry and how much of it consumes the market. The US is one of the leading countries in protecting intellectual property rights and have been the global enforcer by releasing reports that outline the countries that have not taken the next step in preventing the production of counterfeit products. Only time will tell if the Government will completely stamp out the production of these items to send a message to the community that imitation is not always the best form of flattery.
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