I’ve heard the makeup/fragrance community use the word dupe in this context. but idk if this actually translates into luxe handbags. I think these are “inspired” items. like the ysl sac de jour is to the birkin or steve madden hayden sandal is to the oran.I believe the use of "dupe" in this context originally came from the beauty and skincare reddit forums, which meant a product that is similar in function and/or ingredients to a more expensive, usually high-end product. Like Nivea cream is a dupe for Crème de La Mer, or Missha Night Repair Ampoule is a dupe for Estee Lauder ANR, to name a few. And then the concept of word reached tech and fashion communities.
So the word itself is not really a made-up influencer word, and doesn't necessarily mean fake.
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