Nike lawsuit stockx

By Victoria Songa senior reporter focusing on wearables, health tech, and more with 11 years of experience.

Our editorial content is not influenced by any commissions we receive. 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. A heavily redacted document submitted by Nike lawyers on Wednesday breaks down in some detail the source of the fake sneakers Nike has referenced in the lawsuit. The letter says that Nike contacted the reseller to inspect the sneakers from StockX and confirmed that they were fakes.

Nike lawsuit stockx

By subscribing, you agree to our Terms of Use and Privacy Policy. Towards the end of , events between Nike and StockX got heated as the two companies engage in an ongoing lawsuit. Nike was suing the reseller platform for allegedly selling counterfeit shoes and having an unreliable authentication process. As the Nike v. StockX legal saga continues, recent court documents have been unveiled, revealing that a reseller once received 38 pairs of fake Air Jordan 1 s from the platform. He bought many University Blue, Mocha, and Hyper Royal Jordan 1s on StockX when the market price had dropped with the intent of holding and flipping later. In the event of receiving 38 fake AJ1s, Nike visited that reseller in July to confirm that at least 38 pairs of shoes received by the customer from StockX had been fake. The customer has since returned all the pairs on StockX for a full refund. You can always resell the item on our platform if you no longer wish to keep it. This latest tactic amounts to nothing more than a panicked and desperate attempt to resuscitate its losing legal case against our innovative Vault NFT program that revolutionizes the way that consumers can buy, store, and sell collectibles safely, efficiently, and sustainably.

Mar 19, 1, Hypes 0 Comments. All Rights Reserved.

By providing your information, you agree to our Terms of Use and our Privacy Policy. We use vendors that may also process your information to help provide our services. Earlier this year, another judge ordered StockX to divulge information on how it handled the authentication process for the sneakers at-hand. On Aug. Magistrate Judge Sarah Netburn ordered StockX to produce additional information on the sellers behind the same sneakers. Specifically, Nike wants to know how many sales these sellers have completed — which could indicate the standards and level of scrutiny StockX applied in facilitating their sales.

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. The athletic apparel giant is already in the middle of another legal battle with StockX involving a trademark infringement case filed in New York earlier this year. The suit claims StockX is capitalizing on Nike's brand without permission to sell its own products. Lawyers for Nike have argued that StockX should be prohibited from selling shoes — digital or otherwise — with a design the public associates with Nike without the brand's permission. Nike lawyers filed an additional claim this week against StockX, alleging there are fake Nikes on the StockX website. After the lawsuit was filed, StockX removed the authenticity text from the product description but kept selling the same NFT shoe, Nike lawyers argued. Nike lawyers have asked judge Valerie Caproni to let them add counterfeit charges to the existing lawsuit. Both parties are scheduled to appear in court in October. StockX is an online marketplace clothing reseller where items including limited-edition sneakers, watches and handbags can be bought and sold.

Nike lawsuit stockx

Our editorial content is not influenced by any commissions we receive. A comprehensive look at the Nike vs. Find out what happened, where it stands, and what could happen next here. What looked at first like a relatively tame bout of litigation between Nike and resell giant StockX escalated this week, turning a lawsuit that was initially focused on trademark infringement via non-fungible tokens into a larger conversation about fake sneakers on the secondary market. The battle between Nike and StockX turned deliciously messy when the former asked to amend its original complaint on Tuesday, submitting to the court a revised lawsuit that accused StockX of selling fake sneakers. If not, the order is canceled. This process helped separate StockX from competitors like eBay, which only recently added an authentication service for sneakers.

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Read More:. The Chicago designer puts his spin on the FN Gift Guides. StockX did, however, acknowledge the possibility that counterfeit products could slip past its vetting process. Should I get a chargeback? Here, the reseller explains what happened. Towards the end of , events between Nike and StockX got heated as the two companies engage in an ongoing lawsuit. Oct 26, 15, Hypes 9 Comments. We got you covered. Footwear Mar 19, Our Sites. Nike, which has been beefing up its own online business , added to its lawsuit last month , saying in an amended complaint that it was able to purchase four pairs of counterfeit shoes from StockX that were verified as authentic. Because authenticity is paramount in the secondary resale market, even minute developments have created intrigue among sneakerheads who want to know more about how the sausage is made. Courtesy of StockX.

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And it just felt wrong. But I think at heart, what StockX is doing is right, I just still think they try to hew a little bit toward maybe trying to encompass authenticity in the verified side. It started off back in March, April Footwear News is a part of Penske Media Corporation. Yeah, so StockX did reach out at that point in time. Image via StockX. A worker receives sneakers at a StockX authentication center. Sneaker News. Mar 19, 3, Hypes 2 Comments. Then, in an amended complaint , Nike said it bought four pairs of counterfeit shoes from December to February.