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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. The top five counterfeit sneaker styles that StockX authenticators have seen most frequently in the last 12 months included looks from Nike, Jordan Brand and Yeezy.
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 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. 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. The top five counterfeit sneaker styles that StockX authenticators have seen most frequently in the last 12 months included looks from Nike, Jordan Brand and Yeezy.
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.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. 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.
Nike has asked a federal judge to allow the company to add counterfeiting and false advertising claims to its preexisting trademark lawsuit against StockX. 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. 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.
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. The top five counterfeit sneaker styles that StockX authenticators have seen most frequently in the last 12 months included looks from Nike, Jordan Brand and Yeezy.
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.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.
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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 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. Nike has asked a federal judge to allow the company to add counterfeiting and false advertising claims to its preexisting trademark lawsuit against StockX. 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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An impairment may occur to certain assets, including intangibles such as goodwill, independent of asset depreciationfrom physical wear and tear over long periods of . See more
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