A new report by Watchfinder & Co. estimates that over 1 million counterfeit watches are circulating in the U.K. The report found that Rolex imitations make up at least half of the dupes, followed by Omega and Cartier. The watches are being sold online and in physical stores, and they can be difficult to distinguish from the real thing.
The counterfeit watch trade is a multi-billion dollar industry, and it is estimated to be growing by 10% each year. The trade is harmful to the legitimate watch industry, and it can also pose a risk to consumers who buy counterfeit watches.
