![]() For example, Ferragamo helped police seize $17 million in fake goods last year alone, mostly belts produced in China.įreaked out about the concept of a tracking device in your briefcase? According to Ferragamo, the microchip can only be read when you’re holding the item in your hands, so you don’t have to worry about them knowing where you are at any given time. And this is a very real problem for the luxury-goods industry. Those little placards and dust bags which currently stand-in as a markers of genuineness are easily faked, after all, and committed counterfeit operations can even recreate proprietary hardware. The Italian label recently started adding microchips to accessories in order to crack down on counterfeits and help legit resellers establish authenticity. If you’ve ever sweated whether the luxe-y backpack or shoes (or in-demand sneakers) you’re buying from Grailed, or eBay, or some far-off forum are the real thing, you might be interested to learn that Ferragamo has come up with an interesting solution to that problem.
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