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StockX said its authenticators have spotted counterfeit versions of Nike, Jordan Brand and Adidas Yeezy sneakers most often in the last year. 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 .
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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. Nike has ramped up its battle with the online marketplace StockX, saying that it purchased four pairs of counterfeit shoes on the site, despite . StockX said its authenticators have spotted counterfeit versions of Nike, Jordan Brand and Adidas Yeezy sneakers most often in the last year.
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. 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.
Nike has ramped up its battle with the online marketplace StockX, saying that it purchased four pairs of counterfeit shoes on the site, despite StockX's guarantees of authenticity. In its June 2023 verification report, StockX said the leading reasons a product was rejected in the past year, StockX said, are manufacturing defects (27 percent) and fake products (20.StockX has always been committed to fighting counterfeits and fraud on our platform. We remain one of the few marketplaces committed to physically reviewing 100% of the items that pass through our platform.
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. A staggering 0 million of products have been rejected for failing to meet the company's stringent standards, with fake sneakers making up approximately million. In the last 12 months, only 19% of the products rejected by StockX were suspected to be fake, with most products being turned away due to being in used condition. 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. A comprehensive look at the Nike vs. StockX NFT & counterfeit sneaker lawsuit. Find out what happened, where it stands, and what could happen next here.
StockX said its authenticators have spotted counterfeit versions of Nike, Jordan Brand and Adidas Yeezy sneakers most often in the last year. 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. 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. Nike has ramped up its battle with the online marketplace StockX, saying that it purchased four pairs of counterfeit shoes on the site, despite StockX's guarantees of authenticity.
In its June 2023 verification report, StockX said the leading reasons a product was rejected in the past year, StockX said, are manufacturing defects (27 percent) and fake products (20.StockX has always been committed to fighting counterfeits and fraud on our platform. We remain one of the few marketplaces committed to physically reviewing 100% of the items that pass through our platform. 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.
A staggering 0 million of products have been rejected for failing to meet the company's stringent standards, with fake sneakers making up approximately million. In the last 12 months, only 19% of the products rejected by StockX were suspected to be fake, with most products being turned away due to being in used condition. 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.
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