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Retail

Luxury goods’ high risk, high reward attract fraud: report

March 8, 2017

Image courtesy of Saks Fifth Avenue Image courtesy of Saks Fifth Avenue

 

By Sarah Jones

The rate of fraudulent transactions in the luxury goods category declined 8.4 percent in 2016, but the industry remains one of the hardest hit, according to a new report from Forter.

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  1. World Diamond Day celebrated in 50+ countries
  2. Luxury Unfiltered: The Q1 number luxury will celebrate is the one that should worry it most
  3. First-quarter revenue at Kering drops 6pc
  4. Hermès unveils new leather workshop in Gironde, France
  5. De Beers supports Desert Diamonds with bridal addition
  6. Omni Hotels forms lifestyle partnership with sportswear brand Peter Millar
  7. Top luxury campaigns of 2025: Luxury Daily
  8. Pratesi expands Palm Beach flagship
  9. Louis Vuitton announces Regeneration 2030
  10. Luxury Roundtable 2013 New York conference May 1: Four Seasons, Donna Karan, Graff Diamonds, Douglas Elliman, Michael Kors, Belstaff, Wall Street Journal, BCG, Ipsos
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