In the UK, research by Mintel exhibits 47% of customers at the

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Other main manufacturers like Richemont and Burberry also reported disappointing figures, with first-quarter sales plummeting by a staggering 20%. Roughly one-third of all US adults have intentionally purchased a dupe, in accordance with Morning Consult, with that determine rising to nearly half for Gen Z consumers and 44% for millennials. In the UK, research by Mintel exhibits 47% of customers at the moment are open to purchasing luxury lookalikes in 2024, compared to just 12% in 2016. Even if these authorities decided to police this black market more closely, they’d find it fairly tough to disrupt the availability chain of counterfeit bag makers.

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