Counterfeit Watches

Summary

The Counterfeit Watch market consists of watches that are created and sold under recognized brand names without the permission of the legitimate watch maker.

Fake watches are costing the Swiss Watch Industry $655 million in lost sales.

Counterfeit  Market Value:
$655 Million

Source:  Swissinfo,  " Watchmakers  sound  alarm  over  internet  fakes,"   swissinfo.org,  December  19,  2006,  http://tinyurl.com/25gllw (accessed: December 20, 2006).