Counterfeit bags popular in down economy

February 4, 2009 3:21:39 PM PST
With the economic downturn, counterfeit bags may seem like a cheap and easy alternative to help stay stylish. You may not know just how big of an impact buying them can have on the economy.

Buying bags for $65, compared to $1500 for the real thing.

Designers say you can tell the difference by looking at the seams of the bags.

Valerie Salembier of Harper's Bazaar knows a real from a fake and she's hoping the magazine's readers understand the ramifications of buying counterfeit. "Our readers should know that if they buy a counterfeit anything, their money is going to bad purposes."

Money raised through counterfeit CD sales, for example is believed to have helped fund terrorists responsible for the Madrid train bombing in 2004.

Child labor is often involved in the making of counterfeit items, and counterfeits damage the U.S. as well.

The counterfeit industry has stolen $750,000 jobs from the U.S. not to mention more than a billion dollars in tax revenues. That is money and jobs that would be really helpful in a down economy.

And yes while, Harper's Bazaar stands to make money from the sale of ads by luxury companies, it's also hoping to do some good while educating readers that fakes are never in fashion.

To learn more about the fight against fake bags, go to:

http://fakesareneverinfashion.com/

http://www.harpersbazaar.com/magazine/feature-articles/the-fight-against-fakes-0109_?click=main_sr.


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