EU loses €16 billion a year to fake clothing, cosmetics and toys, EUIPO report finds

EU loses €16 billion a year to fake clothing, cosmetics and toys, EUIPO report finds

Counterfeit clothing, toys and cosmetics cost the European Union roughly €16 billion and 200,000 jobs a year between 2018 and 2021, a new EUIPO report estimates.

Unlock unlimited access to all WTR content