Re: Mixed bag of emotions right now
On the one hand, obviously it is a good thing that China be cracking down on all the fake Vuitton and the rest, no denying that.
Why is that obviously a good thing? Nobody buying the fakes would pay for the real thing, nobody with the money for the real thing will buy the fakes. Whilst the brand owners will deny it, I suspect that fakes are actually a marvellous form of marketing, spreading the idea that the brand is aspirational, desirable, and worth copying. And as some buyers get older and wealthier, they'll stop buying rip offs and gravitate to genuine products. Conversely, if the hoi-polloi are conditioned that they can't have those brands, they'll grow up like me: Totally indifferent to those brands, to advertising, and joyously ignorant of what the brand owners want people to be buying this season.