A global divide in luxury goods counterfeiting

The $464 billion counterfeit luxury market is shaped by regional demand and cultural preferences.
Louis Vuitton dominates fakes in the West.
Prada leads in Japan/Asia-Pacific and Saint Laurent in Italy.
Italy’s ‘legal fake’ loophole and skilled manufacturing boost high-quality replicas.
Counterfeiters use crypto, social media, and forged documents, costing retailers billions.