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Instagram’s High-Fashion Fakes Problem

PYMNTS

Particularly popular, according to the report, are Louis Vuitton, Chanel, Gucci, Nike, Fendi and Balenciaga-branded items. With 130 million monthly active users tapping Instagram’s product tags on shopping posts, it’s no wonder that Instagram wants to be your mall. Global counterfeiting is a big business, worth about $1.2