By  on July 16, 2018

Brands and retailers are polishing their supply chains as consumer demand for ethical and sustainable fashion continues to swell. And part of refining production processes is ameliorating the adverse effects of counterfeit materials and products, which have wholly impacted the industry itself and the people who support it.

The amount of total counterfeiting globally reached $1.2 trillion in 2017 and is projected to reach $1.82 trillion by 2020. Estimated losses due to counterfeiting of textiles, apparel, footwear, cosmetics, handbags, and watches amounted to $98 billion, which included counterfeiting from off-line and online channels, all according to the Global Brand Counterfeiting Report 2018.

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