Counterfeiter Costing Us Our Childhood
Hello Lover of
Fashion,
It is always a
pleasure to be in the company of those who hunger for fashion intel. My hope
over the next few months is to bring you newsworthy fashion updates; either
legal, unusual, or trendy. Warning, sometimes I might give you homework.
Alright let’s dive
right in, like 80 pages of reading on the first day of school! If you are like
me, you grew up pleading with your parents, in the middle of a department or
designer store as to why you really needed that French Connection piece for
school pictures, graduation, or your birthday. Then, once you delivered the
world’s most convincing winning argument, you could hardly wait until the day
of your event to show off. I am sad to inform you if you did not know-- French
Connection pulled all of their stores from the U.S. market a few years back. As
I got older, I developed a deep appreciation for quality and purchasing
materials, especially since I am no longer on my mother's dime. So, although I
am not always able to afford the latest Members Only Varsity Jacket with Faux
leather sleeves, I do not want my favorite collection to be impossible to find.
A few weeks ago my
curiosity caused me to do some legal research. Have you noticed retailers' and
designers across the board are closing, leaving U.S. market or going bankrupt?
...Why? Counterfeiters.
Counterfeiting is
at an all time high. According to a recent article published by CNBC, Amazon is
a major source of third party counterfeit infringement. Sadly, most times,
buyers are not even aware they are buying a counterfeit. By the way,
counterfeiting in the fashion industry is a federal crime, governed by
intellectual property law. I will be the first to admit, the current IP laws
seem prehistoric as applied to most relevant issues raised in court by
designers these days. Much like laws that govern cyberspace, the laws are
unable to keep up. Hyde Beast, reported “fake fashion” costs the industry $28
billion annually. Also 10% of all fashion-related products sold are fakes,
causing the original designer to miss out on profits.
Your homework
Loves, is to stay loyal to the real brand. Refuse to buy those nasty cheap
knock off that are costing your favorite brands and designers to go bankrupt.
Before more brands disappear, like Bebe
and The Limited...if we can't buy work and party clothes at brick and mortar
stores, we will have to suffer the awful wrath of conforming-- or even worse,
jogging pants.
Until next time....