JusticeNotableSingle-source
5.2
Global Counterfeit Trade Hits $467B, Europol Shuts Down Five Labs
Valor Econômico·EU·2 days ago
U.S. Customs intercepted three shipments from Hong Kong at the port of Louisville, Kentucky, between June and July, seizing 875 fake Audemars Piguet watches valued at over $43 million if genuine. The seizures highlight persistent counterfeit luxury flows via Hong Kong, though the scale is routine for CBP enforcement. Consumer demand for counterfeit goods sustains this illicit market, but no new policy or market shift is indicated.
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