Despite increased enforcement efforts, sales of counterfeit goods are a major headache for brand owners.
Although exact estimates of the scope of the illegal industry are hard to come by, industry and trade associations generally agree that counterfeiting and piracy is a $200 billion- to $250 billion-a-year business that accounts for roughly 750,000 jobs.
Hermès is launching a Laundromat pop-up shop in NYC - dubbed Hermèsmatic - where customers can bring their old scarves to be dip-dyed by an expert. Get all the details on WWD.com. #wwdnews (📷: @donstahl)