The Harper’s Bazaar "Fakes Are Never In Fashion" campaign is dedicated to exposing the criminal activities connected to the sale of counterfeit luxury goods - child labor, drug trafficking, and even terrorism.Here are some numbers to know:
$600 Billion
Estimated annual sales in counterfeit products worldwide
$512 Billion
Global sales lost to counterfeit goods
$250 Billion
Annual loss to American companies from intellectual property theft
$20 Billion
Estimated loss to American companies from counterfeit products
$1 Billion
Estimated annual loss in New York City tax revenues due to counterfeiting
750,000
Number of jobs lost due to intellectual property theft in the United States
10%
Estimated percentage of fakes among all goods produced worldwide every year
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