Louis Vuitton Most Confeded Luxury Brand: Report ENTRPY

Louis Vuitton is the most counterfeit luxury brand, according to the new “State of the Fake” report by EtruPy, who discovered that the brand represented 32.76 percent of all its proposals for luxury goods.It was followed by Gucci (13.6 percent), Chanel (13.4 percent), Prada (9.8 percent) and Dior (4.6 percent).

Prada was the second most counterfeit luxury brand regarding the bags, with 14.42 percent of all Prada bags scanned by ENTRPY marked as “not identified”, that is, a false.

Louis Vuitton is the most counterfeit luxury brand, said an EntruPy report, which discovered that the brand represented 32.76 percent of all its presentations of luxury goods. There is a growing strengthening in counterfeiting, in particular through high volume and high demand objects. China and Hong Kong still dominate the offer, with 3 % of the counterfeit purchases authorized by the chatbots.

The False Gucci bags for a value of $ 12,190,340 were subjected to the authentication technology supplier based in the United States (AI) to verify the verification in 2024, with Chanel represents the total value of the highest dollar with a total of $ 500,470,067 in counterfeit goods.

The data show a growing refinement in counterfeits, in particular on high volume and high demand articles.

The French brand Goyard has maintained its position as one of the most counterfeit brands in volume, with 18.4 percent of its tote of St. Louis identified as false.

The first five brands with a high risk of fakes were Goyard, Prada, Givenchy, Loewe and Saint Laurent.

The Americas represented 47 % of all the observations of the environments, with Asia-Pacific which represents 42 % and Europe and the Middle East representing 11 %.

The report also called Louis Vuitton as the most frequently counterfeit brand in the United States, with the total value of authentic products verified by ENTRPY which reaches $ 640 million, compared to 61 million dollars of “unidentified” items. It is also the most frequently counterfeit brand in Canada, Mexico, Taiwan, the United Kingdom, Germany and Indonesia.

Prada was the most false brand in Japan, while Saint Laurent was the most false brand in Italy.

Baths now use the block chain and the cryptocurrency to hide operations and reinvest profits through legitimate companies, observed the relationship.

China and Hong Kong still dominate the offer. Over 30 % of counterfeit goods seized on the European borders originated from China and Hong Kong.

Three percent of counterfeit purchases are now enabled by chatbots.

Fiber2fashion News Desk (DS)