Tracing the Counterfeit Shoe Market
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Shenzhen is in the province of Guangdong and is the largest market when it comes to replica electronics in China. Huaqiangbei market which is part of Shenzhen is one of the largest electronics retail markets in the world offering counterfeit products such as replica Airpods, iPhones, or Apple watches. Factories based in Shenzhen are quite effective and they can copy some new electronics less than a week after it was officially launched.
These considerations extend beyond legality, touching on social responsibility, labor practices, and environmental impact. Replica shoes often mimic the design of well-known brands without authorization. These imitations can be found in various styles replica shoes, including sneakers, boots, and sandals. The “fake shoes market” has become the center of the local economy in Putian.
Factoring in costs, Chan estimates that his team earned around $500,000 in net profits, and around $20,000 of that went straight to his pocket. But there were several unexpected overhead costs to cover discountshoesmart.com, and he insists he was operating on a loss. Satisfied that there was a viable market, Chan set up his own subreddit, r/chanzhfsneakers.
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