Apparel November 2019 Apparel November 2019 issue | Page 92

INDUSTRY INSIGHTS THE FIGHT AGAINST FAKE Samir Alam takes a deep look at how apparel and fashion piracy is impacting the global industry at large. The problem of fashion piracy is all too common. Imagine placing an order for a favourite branded item on Amazon—a dress, shoes, anything really—and discovering only weeks later that it is fake. For some people, it may be trivial—a misprinted label or a few errant fibres that often disclose the true provenance of the item. But for most, it’s the shoddy fitting, poor crafting, and low-quality materials. In any of these cases, the damage is already done and the consumer ends up with merely a new dish rag. However, this phenomenon extends farther than just the wardrobe. REAL IMPACT FROM FAKE GOODS In 2019, the trade of pirated or counterfeit products continued with steady rise. According to the Organisation for Economic Co-operation and Development (OECD), sales of these fake products have continued to grow even as the 90 I APPAREL I November 2019 overall industry has remained fairly plateaued. In fact, figures from 2016 show that the total volume of fake goods makes up nearly 3.3 per cent of the overall market. While this may seem like a small percentage on a global scale, these goods have a major impact on supply chains all over the world. The scale of product piracy extends well beyond clothing and impacts items such as footwear, leather goods, and accessories as well. One of the most highly counterfeited fashion items is footwear, which makes for about 22 per cent of all pirated fashion products. In most cases, these fall under the high fashion, athletic, and athleisure categories. Ironically, most of these fake goods are mass- produced in the same places as their original counterparts, i.e. China. A key reason why these products pose a threat is not only because of the massive financial losses global businesses face, but also because