China is happily dumping Louis Vuitton and Chanel for $5 dupes

In China, luxury shopping is out, and "dupe" culture is in. As the economy falters, searches for dupes have tripled since 2022, with Gen Z swapping their Louis Vuitton and Chanel for high-quality knockoffs that look just like the real deal. A pair of Lululemon leggings for $106? Forget it—similar dupes go for $12. With consumer confidence hitting record lows, China's obsession with affordable dupes is the new normal.