Monday, August 30, 2010

Fake goods are fine, says EU study

A new European Union-funded report has declared that buying designer goods can benefit consumers and the companies whose brands are being ripped off.

By Michael Howie

They are an impulse holiday purchase that many buyers later have second thoughts about – the fake Louis Vuitton bags and Rolex watches picked up for a song abroad.
While shoppers are happy with the price, there are often nagging doubts about the items' quality, their legality and who ends up profiting.However, such worries are, it seems, over. A new EU-funded report has declared that it is OK to buy fake designer goods.