Retail News Archive

New York considers crackdown on counterfeit luxury

  • The Associated Press

    A woman looks through a display of purses on Canal Street in New York, Tuesday, June 4, 2013. (AP Photo/Seth Wenig)

  • The Associated Press

    A woman eats among a display of purses for sale on Canal Street in New York, Tuesday, June 4, 2013. (AP Photo/Seth Wenig)

  • The Associated Press

    Pedestrians shop for purses and other merchandise on Canal Street in New York, Tuesday, June 4, 2013. Bargain hunters from around the world flock to Manhattan's Chinatown for legally sold bags...

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NEW YORK (AP) — Bargain hunters from around the world flock to Manhattan's Chinatown for legally sold bags, jewelry and other accessories bursting onto sidewalks from storefronts along Canal Street. But hidden around the city are goods labeled "Prada" or "Louis Vuitton" or some other luxury brand — counterfeits sold for a pittance. In some cases, handbags going for $2,000 on Fifth Avenue can be had downtown for, say, $20. They're seductive fakes. And until now, the law enforcement...
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