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In a redacted filing last week, Nike said it contacted a StockX buyer who got dozens of fake pairs from the platform. Here, the reseller explains what happened.
StockX is an online marketplace where many sneakerheads buy and sell shoes. But Nike is claiming in a lawsuit that StockX is not .
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According to the data, the No. 1 reason products are rejected during StockX’s verification process is signs of previous wear (29%), with suspected fake (19%) being the . In the last year, StockX authenticators stopped nearly M worth of fake sneakers from trading on the platform. The company’s latest verification report also reveals the most counterfeited products in the last year.
New court documents have revealed that StockX sold 38 fake Nike shoes to a customer between March and July last year. Turns out that the individual who acquired the shoes was actually a reseller and spoke to . Nike has amended its suit against StockX to include accusations of selling counterfeit merch labeled as “authentic” on its platform. Nike has doubled down on litigation against StockX in a heavyweight lawsuit between the biggest shoe manufacturer in the world and the hypebeast shoe resale platform .
Sneakers that were suspected to be fake accounted for about 13 percent – or million – of that total. Watch on FN. StockX added that in 2023 alone, the company rejected more than 325,000.
A judge in Nike‘s lawsuit against StockX has ordered the defendant to reveal information about users who sold counterfeit sneakers through the resale platform. In a redacted filing last week, Nike said it contacted a StockX buyer who got dozens of fake pairs from the platform. Here, the reseller explains what happened.
StockX is an online marketplace where many sneakerheads buy and sell shoes. But Nike is claiming in a lawsuit that StockX is not authenticating all products and selling counterfeits. According to the data, the No. 1 reason products are rejected during StockX’s verification process is signs of previous wear (29%), with suspected fake (19%) being the second most cited reason for failure. Nike is accusing StockX of selling look-alike versions of its shoes and wants a federal judge to force the online marketplace to remove the alleged knockoffs from its website.
In the last year, StockX authenticators stopped nearly M worth of fake sneakers from trading on the platform. The company’s latest verification report also reveals the most counterfeited products in the last year. New court documents have revealed that StockX sold 38 fake Nike shoes to a customer between March and July last year. Turns out that the individual who acquired the shoes was actually a reseller and spoke to Sockjig, a well-known figure in the sneaker space. Nike has amended its suit against StockX to include accusations of selling counterfeit merch labeled as “authentic” on its platform.
Nike has doubled down on litigation against StockX in a heavyweight lawsuit between the biggest shoe manufacturer in the world and the hypebeast shoe resale platform that’s now valued at .8. Sneakers that were suspected to be fake accounted for about 13 percent – or million – of that total. Watch on FN. StockX added that in 2023 alone, the company rejected more than 325,000. A judge in Nike‘s lawsuit against StockX has ordered the defendant to reveal information about users who sold counterfeit sneakers through the resale platform. In a redacted filing last week, Nike said it contacted a StockX buyer who got dozens of fake pairs from the platform. Here, the reseller explains what happened.
StockX is an online marketplace where many sneakerheads buy and sell shoes. But Nike is claiming in a lawsuit that StockX is not authenticating all products and selling counterfeits. According to the data, the No. 1 reason products are rejected during StockX’s verification process is signs of previous wear (29%), with suspected fake (19%) being the second most cited reason for failure. Nike is accusing StockX of selling look-alike versions of its shoes and wants a federal judge to force the online marketplace to remove the alleged knockoffs from its website.
what happened to stockx
In the last year, StockX authenticators stopped nearly M worth of fake sneakers from trading on the platform. The company’s latest verification report also reveals the most counterfeited products in the last year.
New court documents have revealed that StockX sold 38 fake Nike shoes to a customer between March and July last year. Turns out that the individual who acquired the shoes was actually a reseller and spoke to Sockjig, a well-known figure in the sneaker space. Nike has amended its suit against StockX to include accusations of selling counterfeit merch labeled as “authentic” on its platform. Nike has doubled down on litigation against StockX in a heavyweight lawsuit between the biggest shoe manufacturer in the world and the hypebeast shoe resale platform that’s now valued at .8. Sneakers that were suspected to be fake accounted for about 13 percent – or million – of that total. Watch on FN. StockX added that in 2023 alone, the company rejected more than 325,000.
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