One of the hardest things to justify to consumers who don’t align themselves with the industry is to fork out a lump of money for a piece of luxury clothing that could easily be replicated at mass production for a quarter of the price. Understandable, the internal argument between meeting consumer demands of cheap production VS standing out with a quality statement piece is not easy to win a crowd over with.
Looking beyond the counterfeit production of luxury goods in terms of consumerism, one must consider the ample time put into the creation of creating, producing, and marketing the desirable and exclusive lifestyle of a respectable luxury brand. Not only is this taking away what is known as intellectual property (IP) for the individuals who spend countless hours in the industry to design, but also raises the issue of consumer awareness regarding factory workers exploitation and just how much is being addressed in and outside of the industry.
Looking past that, this is fantastic news for Wang and industry, with counterfeiting being a long-standing issue in the industry. Back in 2013, IP stealing and counterfeiting was pegged at being a market of over $500 billion dollars, with big luxury brands like Moncler winning a trademark lawsuit against a Chinese company that had replicated its jackets with their logos in 2015, Prada shutting down a counterfeit website back in January and even recently, Zara going under the knife for stealing work from smaller, independent artists.
In France, it’s illegal to export, import, and have on hand counterfeit products of any kind, with the Government taking issues of IP very seriously for the sake of the fashion industry. Hopefully lawsuit successes like Wang’s will give more designers and brands leverage in court because of precedence in creative protection.