Japan-trained appraiser sifts through China s second-hand luxury market for fakes Sorry, but your browser needs Javascript to use this site. If you re not sure how to activate it, please refer to this site: https://www.enable-javascript.com/
Zhang Chen, founder of the Extraordinary Luxuries Business School, verifies the authenticity of a watch at the Beijing Extraordinary Luxuries Technology company in Beijing on March 24. | AFP-JIJI
AFP-JIJI May 3, 2021
Beijing – It’s the world’s biggest market for luxury goods and their counterfeits so an expert eye for telling a bona fide Chanel handbag from a bogus one is a skill set in hot demand across China.
It is the world’s biggest market for luxury goods and their counterfeits so an expert eye for telling a bona fide Chanel handbag from a bogus one is a skill set in hot demand across China.
Enter the “luxury appraiser,” an eagle-eyed differentiator of real from fake, trained to triage handbags, belts and garments for dodgy serial numbers, stitching and logos.
China’s factories churn out huge quantities of luxury goods, much of which is destined for a domestic market worth about 4 trillion yuan (US$618 billion), data provided by market researchers UIBE Luxury China showed.
The country’s second-hand