From Lululemon tights to Hermès handbags, many TikTok users have been flooded over the past month with random videos of Chinese manufacturers offering popular luxury and fashion items at a fraction of the normal selling price. The idea being you buy “direct” from the source, hence bagging a bargain deal. This spike comes in the wake of the Trump administration’s imposition of a 145% tariff on Chinese imports, significantly raising the cost of many goods, including luxury fashion. Targeted primarily at US consumers, such “deals” have been around for a while, but the recent surge in the videos likely stems from ongoing US-China trade tensions, and experts worry consumers are buying into it. “As tariffs continue to be put onto items, the prices of luxury items, especially name brands, are going to make these items unaffordable to potential customers,” Vidyuth Srinivasan, co-founder and CEO of Entrupy, an AI-powered luxury authentication platform, told Retail Brew via email. “People are naturally going to start looking for cheaper alternatives, especially if they want the item. That’s where counterfeiters step in. Chinese factories are taking advantage of this opportunity by selling directly to US consumers, often on social media, skipping over traditional retailers and the tariffs altogether.” While the luxury counterfeit industry has been growing at an unprecedented rate over the past few years, with high-quality, often indistinguishable dupes, Srinivasan says the problem lies in the fact that consumers lured into these deals often don’t know they’re buying a knockoff. Keep reading here.—JS |