{"id":15466,"date":"2022-11-25T10:09:44","date_gmt":"2022-11-25T10:09:44","guid":{"rendered":"https:\/\/loveluxury.co.uk\/?p=15466"},"modified":"2026-03-10T10:24:29","modified_gmt":"2026-03-10T10:24:29","slug":"learn-about-counterfeit-goods","status":"publish","type":"post","link":"https:\/\/staging-new.loveluxury.co.uk\/shop\/topics\/learn-about-counterfeit-goods\/","title":{"rendered":"What You Need to Know About Counterfeit Goods"},"content":{"rendered":"<p><span style=\"font-weight: 400;\">Finding a luxury product at a discounted price is more than many of us can pass up \u2013 with the occasional bargain on the preloved or auction circuit fetching huge interest among investment buyers and those looking for the latest addition to their collection.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">But sometimes, if something seems too good to be true, that\u2019s because it is. With the standard of counterfeit goods on the up, distinguishing between what\u2019s real and what\u2019s not, has become somewhat of a skill in itself.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Here at Love Luxury, we\u2019ve created this guide to counterfeit goods so that you know what you\u2019re looking for and can impress friends with your knowledge about what constitutes <\/span><a href=\"https:\/\/staging-new.loveluxury.co.uk\/shop\/handbags\/\"><span style=\"font-weight: 400;\">real designer luxury<\/span><\/a><span style=\"font-weight: 400;\"> \u2013 and what doesn\u2019t.\u00a0<\/span><\/p>\n<p><b>Why you should avoid buying counterfeit goods<\/b><\/p>\n<p><span style=\"font-weight: 400;\">Sometimes buyers deliberately go after counterfeit goods, especially when they are unable to afford the genuine designer item. Now, this might seem harmless, but once you start to consider the impact of that decision later down the line, suddenly your cost-cutting decisions don\u2019t look so good from a moral or economical perspective.\u00a0<\/span><\/p>\n<p style=\"text-align: center;\"><span style=\"font-weight: 400;\">Counterfeit goods are <\/span><a href=\"https:\/\/share.america.gov\/whats-wrong-with-buying-counterfeit-goods\/\"><span style=\"font-weight: 400;\">poor in quality<\/span><\/a><span style=\"font-weight: 400;\">. Not only that but they are often sold under illusions and are sometimes even falsely marketed completely \u2013 with stats suggesting that some 20% of luxury goods being advertised on social media are counterfeits being advertised as the real deal.<\/span><\/p>\n<p><iframe title=\"This Louis Vuitton Fact May Leave You SHOCKED!\" width=\"1200\" height=\"675\" src=\"https:\/\/www.youtube.com\/embed\/K31lVyWRYko?feature=oembed&#038;enablejsapi=1&#038;origin=https:\/\/staging-new.loveluxury.co.uk\/shop\" frameborder=\"0\" allow=\"accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share\" referrerpolicy=\"strict-origin-when-cross-origin\" allowfullscreen><\/iframe><\/p>\n<p style=\"text-align: center;\">\n<p><center><\/center><b>The effect that counterfeit goods have on the luxury goods industry\u00a0<\/b><\/p>\n<p><span style=\"font-weight: 400;\">Not only do counterfeit goods leave you, as the buyer, wanting more \u2013 they are also doing unseen damage to the luxury goods industry. By undercutting the cost of authentic goods at an alarming rate, while copying their designs and unique features to almost exact perfection, counterfeit goods create a market which is built on the idea of copying and essentially stealing ideas.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Not only does this lose the designer and luxury brands huge streams of income that they deserve for their designs, but it has a <\/span><a href=\"https:\/\/www.visualcapitalist.com\/300-billion-counterfeit-goods-problem\/\"><span style=\"font-weight: 400;\">damaging impact on the economy<\/span><\/a><span style=\"font-weight: 400;\"> \u2013 losing these brands&#8217; income, causing staff to lose their jobs, and sometimes even chasing such brands off the market altogether. <\/span><span style=\"font-weight: 400;\">To look at it in numbers, in 2020 alone it has been reported that the luxury goods industry lost around $50 billion in revenue to counterfeit products. This figure is staggering, but the problem is only getting worse, with counterfeit producers more sophisticated than ever.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">So why do people buy counterfeit goods?\u00a0<\/span><span style=\"font-weight: 400;\">The answers collected from various surveys seem to imply that people buy counterfeit goods because they feel social pressure to own designer and luxury goods, but either can\u2019t afford them or can\u2019t get their hands on them. With that said, what are the arguments against counterfeit goods?<\/span><\/p>\n<p><span class=\"enquirybutton\"><a href=\"https:\/\/staging-new.loveluxury.co.uk\/shop\/handbags\/\">Instant Quote For Your Luxury Bag<\/a><\/span><\/p>\n<p><b>Arguments against counterfeit goods<\/b><\/p>\n<p><span style=\"font-weight: 400;\">There are many who will argue for counterfeit goods \u2013 saying that they are more cost-effective and close enough to the real deal to be a reasonable alternative. But did you know that around 750,000 individuals have lost their jobs in major designer fashion houses, as a result of the loss of revenue due to counterfeits?<\/span><\/p>\n<p><span style=\"font-weight: 400;\">In addition to this, counterfeit goods are often being made in poor working conditions. This is a fact we cannot escape in the modern day and age, with no regulations present to protect workers who are forced to produce and make such products for sellers. Far from those who are making authentic bags for luxury brands, counterfeits are made with no worker protection \u2013 meaning that the practice doesn\u2019t just harm the luxury brands, but ground workers as well.\u00a0<\/span><\/p>\n<p><b>Experiences with counterfeit goods<\/b><\/p>\n<p><span style=\"font-weight: 400;\">There is always something \u201coff\u201d about counterfeit goods when compared to authentic luxury goods \u2013 and here at Love Luxury, we are no strangers to such experiences. One of the biggest problems that we have hands-on experience with is people being duped, paying what they believe to be below market value for something that they think is real, only to be told by an authenticator like Love Luxury that what they own is a fake or counterfeit piece.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">In one particular instance, a young lady was advised to invest family money in authentic Herm\u00e8s bags \u2013 and when she found a small boutique supplier, at first that is actually what she did. Or so she thought. Over time, however, the boutique started selling her counterfeit products under an authentic label \u2013 something which only became apparent when she brought it into Love Luxury for a valuation and to sell her bag. It turned out that she had spent \u00a3210,000 on investment goods with the same boutique company \u2013 and every bag was found to be fake.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Unfortunately, this story is not the only one we have had here at Love Luxury.\u00a0<\/span><\/p>\n<p><b><img decoding=\"async\" class=\"aligncenter size-full wp-image-15467\" src=\"https:\/\/staging-new.loveluxury.co.uk\/shop\/wp-content\/uploads\/counterfeit-goods.jpg\" alt=\"counterfeit goods\" width=\"800\" height=\"534\" srcset=\"https:\/\/staging-new.loveluxury.co.uk\/shop\/wp-content\/uploads\/counterfeit-goods.jpg 800w, https:\/\/staging-new.loveluxury.co.uk\/shop\/wp-content\/uploads\/counterfeit-goods-300x200.jpg 300w, https:\/\/staging-new.loveluxury.co.uk\/shop\/wp-content\/uploads\/counterfeit-goods-768x513.jpg 768w\" sizes=\"(max-width: 800px) 100vw, 800px\" \/><\/b><\/p>\n<p><b>Popular brands that are frequently counterfeited<\/b><\/p>\n<p><span style=\"font-weight: 400;\">Among the top brands that are counterfeited, Herm\u00e8s sits at the top \u2013 mainly because of the immense resale value of <\/span><a href=\"https:\/\/staging-new.loveluxury.co.uk\/shop\/shop\/hermes\/\"><span style=\"font-weight: 400;\">authentic bags<\/span><\/a><span style=\"font-weight: 400;\">, and the coveted status and high demand which sees waitlists which go on for years and years.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">A combination of the high demand and the impatience of buyers makes the Herm\u00e8s buyer market one ripe for counterfeit products, however, the problem lies in the fact that some buyers are aware they\u2019re buying fake while others are duped. Similarly, Chanel and Louis Vuitton are often counterfeited.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Beyond this, the damage to the brand remains the same \u2013 counterfeit goods causing debilitating losses for even the most successful luxury brands.<\/span><\/p>\n<p><b>How did the big fashion brands fight against counterfeit goods?<\/b><\/p>\n<p><span style=\"font-weight: 400;\">That\u2019s not to say, however, that these labels and designers aren\u2019t fighting back. Banding together to fight back against counterfeiters, each brand took something from its original design concept and changed it, to make it easier<a href=\"https:\/\/loveluxury.ae\/blogs\/topics\/how-to-spot-a-fake-hermes-bag\"> to spot fake products<\/a>.\u00a0<\/span><span style=\"font-weight: 400;\">Chanel removed the hologram that counterfeiters had begun to replicate and copy, replacing it with a microchip system that is registered in the Chanel system. Louis Vuitton introduced a microchip system similar to Chanel, making it nearly impossible to copy.\u00a0<\/span><\/p>\n<p><span class=\"enquirybutton\"><a href=\"https:\/\/staging-new.loveluxury.co.uk\/shop\/handbags\/\">Instant Quote For Your Luxury Bag<\/a><\/span><\/p>\n<p><span style=\"font-weight: 400;\">Hermes, meanwhile, changed its coding system \u2013 with every year bringing a new format to the code which makes it impossible to guess what\u2019s coming and how bags will be presented.\u00a0<\/span><span style=\"font-weight: 400;\">Here at Love Luxury, we work with all our buyers and sellers to understand the <\/span><a href=\"https:\/\/staging-new.loveluxury.co.uk\/shop\/topics\/authenticate-your-luxury-handbag\/\"><span style=\"font-weight: 400;\">value of authentication<\/span><\/a><span style=\"font-weight: 400;\"> and formal valuation when purchasing any luxury good \u2013 protecting you from being duped and ensuring that your investment is safe. If you\u2019re concerned or want to learn more, our team.<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Finding a luxury product at a discounted price is more than many of us can pass up \u2013 with the occasional bargain on the preloved or auction circuit fetching huge interest among investment buyers and those looking for the latest addition to their collection. But sometimes, if something seems too good to be true, that\u2019s&hellip;<\/p>\n","protected":false},"author":2,"featured_media":15467,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_mbp_gutenberg_autopost":false,"footnotes":""},"categories":[29,26],"tags":[],"class_list":["post-15466","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-handbags","category-topics","category-29","category-26","description-off"],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/staging-new.loveluxury.co.uk\/shop\/wp-json\/wp\/v2\/posts\/15466","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/staging-new.loveluxury.co.uk\/shop\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/staging-new.loveluxury.co.uk\/shop\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/staging-new.loveluxury.co.uk\/shop\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/staging-new.loveluxury.co.uk\/shop\/wp-json\/wp\/v2\/comments?post=15466"}],"version-history":[{"count":4,"href":"https:\/\/staging-new.loveluxury.co.uk\/shop\/wp-json\/wp\/v2\/posts\/15466\/revisions"}],"predecessor-version":[{"id":17740,"href":"https:\/\/staging-new.loveluxury.co.uk\/shop\/wp-json\/wp\/v2\/posts\/15466\/revisions\/17740"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/staging-new.loveluxury.co.uk\/shop\/wp-json\/wp\/v2\/media\/15467"}],"wp:attachment":[{"href":"https:\/\/staging-new.loveluxury.co.uk\/shop\/wp-json\/wp\/v2\/media?parent=15466"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/staging-new.loveluxury.co.uk\/shop\/wp-json\/wp\/v2\/categories?post=15466"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/staging-new.loveluxury.co.uk\/shop\/wp-json\/wp\/v2\/tags?post=15466"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}