Video: Why the counterfeit business is booming
Channel: @TheEconomist
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The quantity and quality of counterfeit sneakers has never been greater. As online sales boom, many buyers are deliberately choosing the steal over the real.
00:00 - The counterfeit epidemic 00:57 - How does eBay authenticate goods? 03:34 - What is driving the counterfeit boom? 05:24 - How is the sneaker resale market affecting counterfeits? 07:11 - What is the role of influencers? 08:56 - China: the world's counterfeit capital 10:45 - Is sneaker counterfeiting a victimless crime? 11:59 - Can counterfeit production be stopped?
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