Despite geopolitical shifts, uncertainty and various factors that seem to affect numerous sectors, the global luxury and fashion industry has tripled in the last 20 years to approximately $300 billion and continues to grow rapidly. But with that broadening and diversification comes a whole new set of business challenges to navigate. Global law firm Baker …
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New York Fashion Week: Fashion law and fakes
Against the backdrop of New York Fashion Week, where designers are showcasing their upcoming collections at runway shows, Thomson Reuters Westlaw considers the fake fashion market: designer knockoffs and counterfeits. Recent investigations into counterfeiting luxury goods and intellectual property rights crimes reveal how large and small scale operations bring in millions of dollars. According to …