July 30, 2008 at 04:00 AM EDT
Designer Knock-Offs Seized, Helping Luxury ETFs, And High-End Spenders
Counterfeiters can cut into earnings, and therefore exchange traded fund (ETF) returns. So, perhaps the seizure of an array of fake luxury purses and other items might help. During a recent raid in Lyon, France, customs agents seized around 5,000 fake Louis Vuitton, Armani, Prada, and Dolce & Gabbana purses, belts and sunglasses, reports Heather Smith for [...]
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