Lucas Conley’s piece on Ugg for the WSJ’s magazine is a perfect example of why the WSJ shouldn’t have a glossy, fashion-friendly magazine.
Renee Richardson Gosline has done some research which, if it turns out to be true, could well show that the cost to established businesses of counterfeit luxury goods is actually negative:
Ryan wades into one of my favorite subject areas today: counterfeiting.
Ryan is absolutely right that counterfeit goods are, in many cases, more likely to help than harm the business being knocked off. Dolce & Gabbana, as I’ve mentioned in the past, passively encourages the counterfeiting of its brand by refusing to lift a finger to help prosecute counterfeiters. But Ryan goes one further: