All fake. Just look at this ridiculous Versace wallet. My Webpage
Let's see. LVMH and Richemont spend millions on advertising and on flagship stores on Fifth Avenue to create an appetite. Consumers care only for the label and know little about the quality (e.g. you can knowingly buy a fake Gucci anywhere on Fifth Avenue right outside the flagship store and thousands do). Then, China becomes westernized and now has the capital, equipment and cheap labor to produce counterfeits of these labels. EBay wants fees, can't realistically monitor counterfeits, and so provides a worldwide distribution network. If I were a shareholder in LVMH or Richemont, I'd be afraid.