Anybody who is familiar with the city know that it is one of the best places to buy that $2000 purse or $300 sunglasses at a fraction of the cost. Consider this:
You are a designer and you create a new handbag that you know will sell big in th marketplace. You hire a sales consultant and they tell you that you could potentially at least $350 a bag. You pull in all your financial resources until you are broke. You spend hours developing a marketing plan, and negotiating with suppliers and retail stores. When your bag hits the streets, as predicted you are an overnight success. With your earnings, you plan to pay off all debtors (business and personal), take some well-deserved vacation time, and to donate a portion of your money to your favorite charity.
While you are learning to enjoy your newfound success, someone manages to buy samples of your product line only to figure out a way on how to mass produce and distribute your entire product line at a fraction of your asking price. Pretty soon you notice that most of the women in your neighborhood are sporting your product line except for one thing: that is not your product line.
The end result? You and your company are forced to declare bankruptcy leaving you with nothing. Employees are forced out of work.
This may be an example, but this kind of thing happens all the time.
Two questions come to mind:
#1. Do you currently own items that are considered knockoffs of the real product?
#2. Is it right?
Related news:
Cache of knockoff bags triggers federal case
