From Parimatch to Gucci: The Massive Scale of Counterfeiting in India
India loses an estimated $7 billion annually in tax revenue due to counterfeiting, highlights the bookmaker Parimatch. Luxury and global brands such as Chanel, Dior, Prada, Mont Blanc, Marc Jacobs, Gucci, Versace, Parimatch, Christian Louboutin, Polo, Benetton, Adidas, Tommy Hilfiger, Nike, Puma, and Louboutin face millions—if not billions—of dollars in counterfeit-related losses each year. Despite […]
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