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Empty shelves in the new Amazon facility, in Longueau, France. Photo: Thibault Camus / AP

High-end brands are giving Amazon some pushback on its policies about counterfeits and unauthorized sellers, leaving Amazon sales devoid of some luxury products, the WSJ reports. Selling luxury is all about keeping it exclusive, and when counterfeits abound, that exclusivity of a brand can be lost.

Why it matters: Amazon's growing dominance in retail is changing the way goods are bought and sold and even pushing some retailers to change up their sale strategies, but this shows a potential gap in Amazon's strength in the market. In particular, it could be hurting its margins and isn't attracting in some potentially loyal Amazon Prime customers, which is popular among higher-income shoppers.

Where things fall apart: Swatch Group was in talks earlier this year with Amazon to strike a deal, but when Amazon refused to monitor for knockoffs on its site, the deal was off, according to Swatch CEO Nick Hayek. Amazon didn't provide comment to WSJ but a spokeswoman said it works with brands to improve counterfeit detection. Amazon also requires invoices from third-party sellers to verify goods are legitimate.

Gucci owner Kering, LVMH Moët Hennessy Louis Vuitton SE, and luxury watch maker Cie. Financière Richemont SA, are not on board with Amazon either. Kate Spade was selling items via Amazon, but in February stopped selling handbags and leather goods there. Nicole Miller and Calvin Klein do, however, sell with Amazon.

Go deeper

Schumer's m(aj)ority checklist

Senate Minority Leader Chuck Schumer. Photo: Tasos Katopodis/Getty Images

Capitalizing on the Georgia runoffs, achieving a 50-50 Senate and launching an impeachment trial are weighty to-dos for getting Joe Biden's administration up and running on Day One.

What to watch: A blend of ceremonies, hearings and legal timelines will come into play on Tuesday and Wednesday so Chuck Schumer can actually claim the Senate majority and propel the new president's agenda.

The dark new reality in Congress

National Guard troops keep watch at security fencing. Photo: Kent Nishimura/Los Angeles Times via Getty Images

This is how bad things are for elected officials and others working in a post-insurrection Congress:

  • Rep. Norma Torres (D-Calif.) said she had a panic attack while grocery shopping back home.
  • Rep. Jim McGovern (D-Mass.) said police may also have to be at his constituent meetings.
  • Rep. Adam Kinzinger (R-Ill.) told a podcaster he brought a gun to his office on Capitol Hill on Jan. 6 because he anticipated trouble with the proceedings that day.
Off the Rails

Episode 3: Descent into madness ... Trump: "Sometimes you need a little crazy"

Photo illustration: Sarah Grillo/Axios. Photos: Tom Williams/CQ-Roll Call, Chip Somodevilla/Getty Images

Beginning on election night 2020 and continuing through his final days in office, Donald Trump unraveled and dragged America with him, to the point that his followers sacked the U.S. Capitol with two weeks left in his term. This Axios series takes you inside the collapse of a president.

Episode 3: The conspiracy goes too far. Trump's outside lawyers plot to seize voting machines and spin theories about communists, spies and computer software.

President Trump was sitting in the Oval Office one day in late November when a call came in from lawyer Sidney Powell. "Ugh, Sidney," he told the staff in the room before he picked up. "She's getting a little crazy, isn't she? She's really gotta tone it down. No one believes this stuff. It's just too much."

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