Tuesday, March 11, 2008 6:51 pm | 
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Top brands lose from web fakes in Japan
Some of the most famous names in the world of fashion, including Louis Vuitton, Chanel, Prada, Gucci, Bulgari, Rolex and Cartier, are losing an estimated Y500bn ($4.3bn) a year in Japan from the sale of fake designer goods over the internet.
[FINANCIAL TIMES]
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While low-cost carriers have since long been successfully operating throughout the U.S., Europe, and southern Asia, Japan has seen very little of the low-price action.
