You Can Forget About Getting That Fake Birkin for Christmas

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Confiscated Louis Vuitton fakes. ? Corbis. All Rights Reserved.

In what WWD calls an "unprecedented collaboration" between Chinese and U.S. officials, a major international counterfeiting ring has been shut down, and more than 20,000 knockoff bags have been seized. According to reports, the fakes included Louis Vuitton, Coach, and Hermès; in other words, if you were planning to stuff your nieces' stockings with $5 faux-Coach wristlets this Christmas, it's time to come up with a plan B.