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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 . StockX said its authenticators have spotted counterfeit versions of Nike, Jordan Brand and Adidas Yeezy sneakers most often in the last year. 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. 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.
Nike has ramped up its battle with the online marketplace StockX, saying that it purchased four pairs of counterfeit shoes on the site, despite . 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 percent. 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 .
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. 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 . 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.
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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 second most cited reason for failure. This is consistent with StockX’s 2023 report, which found that suspected fake products accounted for 20% of verification failures. StockX said its authenticators have spotted counterfeit versions of Nike, Jordan Brand and Adidas Yeezy sneakers most often in the last year. 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.
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. 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.
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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 percent. 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. 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.
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. 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. This is consistent with StockX’s 2023 report, which found that suspected fake products accounted for 20% of verification failures. StockX said its authenticators have spotted counterfeit versions of Nike, Jordan Brand and Adidas Yeezy sneakers most often in the last year.
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.
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. 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 percent. 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. 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.
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