THE US and Chinese governments joined forces to close down a designer handbag counterfeit operation worth $802 million (£503 million). The China-based illegal businesses involved 37 websites producing fake replica versions of Louis Vuitton, Coach and Hermès bags. In total, 73 people have been arrested.
China's Ministry of Public Security revealed that 20,000 counterfeit handbags were seized, as were machinery and enough raw materials to create a further 50,000 items, WWD reports. The operation that led to these arrests and confiscations was led by Jun Qian, who claimed that he personally started creating forged goods when his own leather business suffered during the 2009 recession.
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