Shoe Industry Losses to Fakes

The Counterfeit Shoes market is the selling of shoes under brand names without a license or the permission of the legitimate brand owner.

According to BusinessWeek Magazine, the annual estimated losses to the shoe industry from counterfeits is $12 billion.  Fake shoes are also the most counterfeited product entering the United States.

In Brazil alone, consumers spent $920 million on fake shoes.


1 comment

  1. Source: BusinessWeek, “The Most Counterfeited Products,” October 2008. (accessed: August 3, 2009).

    Source: Brazil-U.S. Business Council, ” The Impact of Counterfeiting and Piracy on Sao Paulo City and Brazil,” June 2005, and ” Brazil Council releases Counterfeiting and Piracy study, ” (accessed: October 9, 2005).

Comments are closed.