October 12, 2017 12:46
The Louis Vuitton luxury brand is the most copied brand in the world judging by counterfeits seized in customs here over the last five years.
According to Korea Customs Service data on Wednesday, W2.8 trillion worth of counterfeit luxury goods were seized here from 2012 to 2016 (US$1=W1,136).
Some W208 billion worth was Louis Vuitton products, W195.1 billion worth Rolex watches and W146.7 billion worth Cartier merchandise.
Next came W144.6 billion worth of Chanel products, W92.4 billion worth of Burberry, W74.8 billion worth of Gucci, and W45.8 billion worth of Armani.
By product, watches were estimated at W911.3 billion, bags at W603.3 billion, clothes at W367.3 billion and Viagra at W324.4 billion.
The vast bulk came from mainland China with 90 percent or W2.55 trillion, followed by Hong Kong (W191 billion) and Japan (W33.6 billion).
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