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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.
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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.5.005.00
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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 .
Nike has ramped up its battle with the online marketplace StockX, saying that it purchased four pairs of counterfeit shoes on the site, despite .Shoes and sneakers sold on StockX have the following requirements: • They must be new • They must be unworn • They must be authentic • They must have their original packagingDon’t buy shoes from Stockx if you’re going to automatically ask if they fake. Yes there are fakes of most shoes but Jordan 3 Dark iris is not really a hype shoe so people probably not going out .
Outside of StockX, the sneaker resale market is far from safe, as evidenced by the half-billion dollars worth of fake shoes sold each year. But resale on StockX is different. By adding an authentication layer on top of the . 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.
StockX boasts that, as of September 2023, it has rejected million worth of products that didn’t meet verification standards and has stopped nearly million worth of fake sneakers from trading on the platform. StockX is best know for selling shoes. People always ask ‘does StockX sell fakes?’ and the answer is a resounding NO. ‘Are StockX shoes real?’ and that answer is YES, . 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 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.
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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Shoes and sneakers sold on StockX have the following requirements: • They must be new • They must be unworn • They must be authentic • They must have their original packaging Don’t buy shoes from Stockx if you’re going to automatically ask if they fake. Yes there are fakes of most shoes but Jordan 3 Dark iris is not really a hype shoe so people probably not going out their way to sell a fake. Outside of StockX, the sneaker resale market is far from safe, as evidenced by the half-billion dollars worth of fake shoes sold each year. But resale on StockX is different. By adding an authentication layer on top of the normal transactional relationship, StockX changed the game.
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. StockX boasts that, as of September 2023, it has rejected million worth of products that didn’t meet verification standards and has stopped nearly million worth of fake sneakers from trading on the platform.
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