The losses sustained by counterfeited watches

In 2016, the total worth of counterfeit watch AAA class [นาฬิกาเกรด aaa, which is the term in Thai] traded amounted to CHF 2.67 billion, or USD 2.71 billion. This implies sales losses of almost CHF 1.67 billion, or USD 1.7 billion, for Swiss legal rights…

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