Recently, a substantial number of fake Korean cosmetics were seized at Hong Kong customs.
As indicated by news outlets in Hong Kong, including Wenweipo, 5,200 South Korean, Japanese and European knock-off makeup worth HK$670,000 (US$85,742 or 91.19 million won) were discovered by Hong Kong Custom officers.
The fakes mostly included South Korean makeup and skincare items, like Amorepacific’s Sulwhasoo, Laneige, Innisfree. Additionally, France’s Chanel fake scents and Bioderma sham items were also found.
In 2017, Hong Kong Customs acted against counterfeit restorative items two times. They manage to seize 755 knock-off makeup with an expected market estimation of about HK$100,000 (US$12,794 or 13.65 million) won toward the finish of September a year ago.
After the primary seizure, 120 specialists were brought in to a broad assault and discovered fake cosmetics storerooms a month ago.
The greater part of fake beautifying agents were South Korean brands because of a more elevated amount of Chinese buyer inclinations.
As per nearby media outlet “CBO,” the quantity of South Korean phoney items expanded in the meantime when the buys of South Korean makeup by Chinese voyagers detonated.
Specifically, some Chinese who don’t comprehend the Korean language purchased counterfeit items which they trusted to be genuine amid their visits to South Korea.
According to a South Korean Cosmetics importer, “South Korean cosmetic products have more complicated supply channels than other imported ones and fake items are found in the process. It isn’t astonishing that phoney items are available for use in Hong Kong.”
There is nothing surprising about fake cosmetics being flowed in Chinese-talking nations. However, it is unthinkable for the South Korean cosmetics industry to make a legitimate move or boycott the knock-offs in the area. A huge criminal syndicate circulate counterfeit makeup in privacy, avoiding the law. 12 individuals were captured after Hong Kong Customs did the crackdown for a considerable length of time.
As indicated by the Ministry of Trade, Industry and Energy, the measure of South Korean beauty care products sends out came to US$4.97 billion (5.32 trillion won) a year ago, up 18.5% from US$4.19 billion (4.46 trillion won) at the earlier year.
There were worries that China’s retaliatory measures over the THAAD issue would drag down exports to China but they kept on developing in view of Hallyu like show and K-pop.