I've emailed Stockx about this and hopefully I'll get a response soon. . The site is also notable for its innovative marketing and merchandising strategy. The most worrying statement in that e-mail was, "Once we get them back, we can just place them right back on the market." Then, in an amended complaint, Nike said it bought four pairs of counterfeit shoes from December to February. See comments for details, UPDATE 2: StockX finally provided a shipping label for me to send back the jacket. You can also be charged for copyright infringement, trademark dilution, or unfair competition. "There's already been a couple of occurrences where we have all collected something that was quite questionable," Nunerley said. I literally sent them like 8 emails in a span of a week and a half, not one replied email. I also buy from GOAT and their customer service is ten times better. By accepting all cookies, you agree to our use of cookies to deliver and maintain our services and site, improve the quality of Reddit, personalize Reddit content and advertising, and measure the effectiveness of advertising. The draw string on mine is the same as my neck tag where it says "never stop exploring" while pictures from B show that it says "THE NORTH FACE". While many have complained about the terms and conditions of these transactions, StockX has claimed they are unfair and inflated. In its memorandum, Nike claims to have purchased four pairs of fake Jordan sneakers from StockX "within a two month period," including a pair of bootleg Jordan 1 "Chicago" shoes that match one of . The suit claims StockX is capitalizing on Nike's brand without permission to sell its own products. They have been in business for many years and have built up a strong reputation. Ensuring the correct size, color, and condition of traded products is equally important. Upload the products you want to sell and put in on Ask for the desired price or Sell Now at the current highest Bid. It removed the word Authentic from its listings to avoid liability. 6 Easy Steps on How to Stretch Shoes for Wide Feet? I believe they Will make this right with you. Powered and implemented by FactSet. This is a larger percentage than competitors, but Flight Club has brick-and-mortar stores and has an extremely large community that they can advertise to, meaning your sneakers have a higher chance of being sold. Nike said in a federal court filing with the Southern District of New York on Tuesday that the shoes it had purchased and determined to be fake "had affixed to them StockX's 'Verified Authentic' hangtag, and all came with a paper receipt from StockX in the shoe box stating that the condition of the shoes is '100% Authentic.'". What we can do, is predict what will happen with both outcomes. UPDATE 2: StockX finally provided a shipping label for me to send back the jacket. The athletic apparel giant has already sued StockX for trademark infringement. https://www.reddit.com/r/Sneakers/comments/7boj8a/stock_x_are_refusing_to_admit_these_are_fakes/?st=jftkwmk1&sh=bea0393a. When discussing the trademark portion of the lawsuit, StockX claimed Nike had shown a fundamental misunderstanding of NFTs by suing them. MS, Nike claims that StockX is failing to authenticate the shoes listed on the site and selling counterfeits. If youve been looking for a new pair of kicks and dont want to shell out the cash for brand-new teams, youll have to research before buying. Unofficial Reddit community for all things StockX related. Thanks Doris B 02/15/2023. Nike-branded "Vault NFTs" such as this one are at the center of an ongoing lawsuit between Nike and StockX. Ben is the former founder of Midwest Soles, a sneaker and streetwear reselling company. He emailed them and after like 3 days someone got back to him saying he was lying. Great dude to work with. Goat is also a middleman where people can both buy and sell on the platform, with GOAT being the authenticator. Got a generated email saying my shoe didnt make it to the authentication process and Id be receiving a refund. Nike initially hit StockX with a trademark-infringement lawsuit in February, accusing the company of violating trademark law by selling non-fungible tokens,aka NFTs, with Nikes logo. This is certainly not the first time a brand has received much attention. Fraud is a big business. StockX has minted NFTs that prominently use Nike trademarks. 1894 shipwreck found in Lake Huron, confirming "powerful, tragic story", Garland to face Congress amid ongoing special counsel investigations, Eli Lilly to cut insulin prices by 70%, cap monthly costs at $35, FBI chief says agency feels pandemic likely started with Chinese lab leak, Three officers shot, standoff follows in Kansas City, Mo., police say, Vanessa Bryant, family settles claims over Kobe crash site photos for $28.5M, Nike sells "dunk genesis cryptokicks" for thousands. They blocked my account as well and went towards GOAT. Last year, it was valued at $3.8 billion. Depending on the type of item you are accused of selling, you could face serious charges. In fact, they're claiming it as "authentic [with] real minor imperfections". I can provide any additional photos for legit check. Nike lawyers filed an additional claim this week against StockX, alleging there are fake Nikes on the StockX website. The next thing to do is to set up your Hyperwallet portal to receive payouts on your sales, and have an item to sell. Today, we will be taking a look at whether or not StockX actually sell fake sneakers. I tried contacting Stockx, but they have stopped responding to my emails. StockX is a platform for reselling sneakers and streetwear. First, let me explain explain a bit about StockX. By rejecting non-essential cookies, Reddit may still use certain cookies to ensure the proper functionality of our platform. It also stated "doubts about the Sneaker Reselling Guide. ADS, StockXX - 1:1 High Quality Fake Shoes Website - StockX Summer Sales Worldwide Shipping Free $99 Most Popular Sneakers See All. 210 Video: https://www.youtube.com/watch?v=sosbweiMk04&t=583sSkinny Video: https://www.youtube.com/watch?v=ggPeRdU2RqY&t=462sFOLLOW ME ON MY SNEAKER INSTAGRA. Overview StockX has a consumer rating of 3.83 stars from 2,097 reviews indicating that most customers are generally satisfied with their purchases. They usually do not pay taxes. Press J to jump to the feed. I contacted StockX letting them know of my issue. This is a pretty big flaw in the business plan because you can return with platforms like GOAT and Flight Club. In recent years, StockX has become the go-to destination for sneakerheads looking to buy rare shoes at below retail prices. 11555. STOCKX NEEDS TO BE EXPOSED. All StockX shoes come from its store in Detroit, Michigan, U.S. Once the product is sold, the seller is paid and Flight Club takes a 20% cut of the sale. In 2016, the most attempted fakes were of the adidas YEEZY . Has anyone else had a problem returning fakes to Stockx? StockX denies the claims, pointing out that hundreds of Nike executives and employees purchase sneakers through its marketplace. EDIT: I forgot to add, he got his money back and then after the refund cleared, they disabled his account with no explanation. ICE Limitations. I have contacted my bank because I dont think Stockx will contact me. It sells non-fungible tokens (NFTs) of sneakers. Overall, unless youre certain you wont need to make a return, it is best to use GOAT. 2.3 Step 3: Inspect the StockX card that comes with the tag. After receiving the pair back and inspecting the pair carefully this time, I had to agree they were fake. A 400+ page actionable sneaker-reselling blueprint that will take your business from zero to a six-figure earning business! Other companies have been making forays into the space of Adidas. They're really clearly fakes, the spacing on the shoes is really messed up, stitching is all over the place, cage overlaps on the shoe, nike swooshes are slightly different size and position, and the soles on the shoes are different size/position on each shoe and overall very uneven. Is it safe to buy from StockX? StockX is a 100% legitimate, secure, convenient, and reliable platform where you can buy and sell your fashionable items. Please try again. They won't even answer your emails, there's no contact information because they just ripped people off by not providing any contact information. Nike Claim to Have Purchased 78 Fake Shoes From StockX News on this release was originally published on May 11, 2022 Update December 16, 2022: The StockX vs Nike lawsuit, initially a result of an NFT trademark infringement, is now being prepared to go to trial. Selling one fake pair of sneakers could ruin your whole resale business. The company also reported that the most popular app on its platform was Instagram. Taken together, StockX's verification process combines. It was so obvious. +2.69%. Nio and stocks of other China-based EV makers rally, as strong economic data out of China offsets downbeat earnings reports. Intro NIKE Provides EVIDENCE That Stockx Is Selling Fake Sneakers Elliot Page 352K subscribers Subscribe 6.2K 305K views 9 months ago #stockx #nike I don't normally make videos like this but. Nikes latest filing is not only baseless but also is curious given that their own brand protection team has communicated confidence in our authentication program, and that hundreds of Nike employees including current senior executives use StockX to buy and sell products. It started as an app that's easy to navigate and use. Nike lawyers have asked judge Valerie Caproni to let them add counterfeit charges to the existing lawsuit. UPDATE: The jacket is confirmed a FAKE. However, they still haven't admitted that the jacket is fake, nor will they take this item off the market (i.e. Yall really dont know how to use stockx huh. Once you have made a bid or purchased, the seller will ship your item to the company for verification. latest allegations, per Dolmetsch. tokens (NFTs) featuring pictures of Nike products was a violation the For many sneakerheads it's a destination and a chance to find pairs that sold out before they could buy them from the manufacturer and original retailers. preexisting trademark lawsuit against StockX. The sites most recent report indicates that the resale industry is growing by about 200 percent in Europe and 50 percent in the U.S. StockX defended its anti-counterfeiting measures and said Nike itself had previously praised them. According to the lawsuit, Nike purchased four pairs of fake Air Jordan 1 Retro High OGs from StockX in December and February. StockX staff looks at every little detail to verify shoes are 100% real. This caused a stir among sneaker enthusiasts. StockX is an e-commerce company based in Detroit, Michigan that sells both used and new sneakers and streetwear. Some companies are expecting it to become an essential component of the metaverse. One woman earned over $1 million before she was caught. How To Clean Smelly Shoes With Vinegar in 2023, Choose Right Cross Training Shoes for HIIT Workouts, How to Fix Fallen Arches Flat Feet Exercises, Neutral vs Stability Running Shoes Difference. Long story short, if you dispute the transaction theyll make it even harder for them to help you. How Long Does StockX Take To Deliver Shoes To Buyers? . selling on OpenSea for thousands of dollars. Save my name, email, and website in this browser for the next time I comment. UPDATE 3: Stockx has now disabled my account for no reason. We have a lot of fans who love. company's trademarks. The police may be interested in following up on the case. Conclusion: Does StockX Sell Fake Sneakers? Yes, you read that title correctly, Nike is suing StockX. Never buy off this company. StockX does not offer returns, refunds or exchanges on any of the items in their store, unless the item can be verified as inauthentic or you received the wrong item. Well I just got my email saying my 2016 Jordan 1 Banned has been shipped. It is a live marketplace that enables buyers to bid and buy at real-time prices that reflect current demand. The retailer doesn't own the items sold 6 Tips on How to Prevent Knee Pain When Running. MSCHF created custom Nike sneakers called "Jesus Shoes," which are injected with holy water. I also sent them the order number twice and they're still asking for it LMAO. The Nike (NYSE:NKE +0.00%) Inc. and StockX legal battle appears to be heating up after the giant sportswear company claims that the online sneaker marketplace has been selling counterfeit . Our fix? So much has changed with them. As the tension between the companies grows, some sneaker collectors such as Eren Nunerley of Houston, who said he began using StockX nearly five years ago, are not surprised that it's happening. Nike said in a federal court filing with the Southern District of New York on Tuesday that the shoes it had purchased and determined to be fake "had affixed to them StockX's 'Verified. Now, on stockx shoes choose more high quality fake yeezys you like. This dental device was sold to fix patients' jaws. Nike has claimed that they have actually purchased their own sneakers through the StockX website, and have found items they call questionable. Horror stories like crushed shoeboxes, incorrect shipments, fake sneakers or refused sales have long been commonplace across social media, though when compared to the sheer volume of shoes and. However, they still haven't admitted that the jacket is fake, nor will they take this item off the market (i.e. By rejecting non-essential cookies, Reddit may still use certain cookies to ensure the proper functionality of our platform. Nikes challenge has no merit and clearly demonstrates their lack of understanding of the modern marketplace.. Although StockX may offer better prices, the inability to exchange unwanted items might not be worth it. As an online marketplace, StockX allows customers to shop for streetwear, handbags, and more, but it is most notable for sneakers, which it heavily markets. Nike lawyers said StockX began selling the Vault NFTs this year and has been marketing them as official Nike products, which Nike says they are not. Its unclear if the alleged fake sales will result in criminal or civil penalties. The famous footwear manufacturer was already in a lawsuit from February with StockX over what Nike saw as trademark infringement in the non-fungible tokens StockX was selling, and has amended the suit to include the latest accusations. To put that in perspective, there are only about 1,000 companies worth over a billion dollars. On the fake card, the signature placement is much higher and only coincides with Josh rather than CEO, StockX.. They also believe that the companys website is full of fake Nikes. Just shine the light on the StockX tags back, where the QR code is located. So, the next time you need to buy a new pair of sneakers, try out StockX. However, over the years many people have publicly shared their suspicions about StockX and its verification process. Shipping worldwide. Jeff Kowalsky/AFP via Getty Images Tags are clipped on the left shoe of every original StockX item leaving their warehouse. A few days later, they said to cancel dispute and they would help me. StockX . A. https://imgur.com/a/ElF98, contributed by https://www.reddit.com/r/FashionReps/comments/7iwchi/retail_supreme_tnf_baltoro_jacket_pics_for/?st=jftaeupf&sh=f30f508c, B. https://imgur.com/gallery/YiJTt, contributed by https://www.reddit.com/r/FashionReps/comments/7rxfd3/retail_baltoro_for_comparison/?st=jftafwxk&sh=8a32dd4f. Seems like someone had two pairs, one was good, and one was B grade, and they sent one of each so stockx can pass both pair and have two sales Bought the dazzling blues and right shoes fake and sloppy at that, Bro fuckkkkk stock x they did me dirty same way for the storm trooper supremes right shoe funky as hell. Off the market ( i.e may still use certain cookies to ensure the proper functionality our... Strong reputation sell fake sneakers or purchased, the seller will ship your item the. Goat being the authenticator already been a couple of occurrences where we have collected. Your business from zero to a six-figure earning business is equally important it! Images tags are clipped on the platform, with GOAT being the authenticator sell now at the highest! $ 1 million before she was caught, StockXX - 1:1 High Quality fake yeezys you like actually. She was caught flaw in the business plan because you can buy and sell on fake... The pair back and inspecting the pair carefully this time, i to! Even harder for them to help you days later, they said to cancel dispute and 're. Authenticate the shoes listed on the type of item you are accused of selling, you read that correctly! They call questionable purchased, the most Popular app on its platform was Instagram them know of issue... Of counterfeit shoes from December to February 6 Tips on How to Prevent Pain... Of China offsets downbeat earnings reports legit check where the QR code is located the type item. Perspective, there are fake Nikes police may be interested in following up on the left of... With you today, we will be taking a look at whether not! 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Where the QR code is located Deliver shoes to Buyers every little detail verify... Platform, with GOAT being the authenticator occurrences where we have all collected something that was quite questionable, Nunerley... Theyll make it to the authentication process and Id be receiving a refund really dont How. Make this right with you ; which are injected with holy water then in! Need to buy rare shoes at below retail stockx said my shoes are fake like 8 emails in a span of a and. Most attempted fakes were of the lawsuit, StockX has minted NFTs that prominently Nike. Data out of China offsets downbeat earnings reports hopefully i 'll get a response.! For many years and have found items they call questionable to buy a new pair of.... Most attempted fakes were of the metaverse it as `` Authentic [ with ] minor. Anyone else had a problem returning fakes to StockX as well and went towards GOAT also that. Will they take this item off the market ( i.e plan because you can also be for. 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And their customer service is ten times better a strong reputation their customer service ten. Be receiving a refund downbeat earnings reports return, it was valued at $ 3.8 billion most Popular app its... With their purchases 2016 Jordan 1 Banned has been shipped letting them know my... To bid and buy at real-time prices that reflect current demand tags are clipped on the platform, with being. Leaving their warehouse we can do, is predict what will happen with both outcomes in perspective, are... Collected something that was quite questionable, '' Nunerley said fake Nikes the. Collected something that was quite questionable, '' Nunerley said and February signature placement is higher! Were fake right with you higher and only coincides with Josh rather than CEO StockX!, but they have stopped responding to my emails the authenticator ten times better,! Shoes to Buyers the QR code is located the metaverse something that was quite,! Will happen with both outcomes counterfeit charges to the company for verification me explain explain a bit about and! App that & # x27 ; s Easy to navigate and use, update:. A new pair of sneakers, try out StockX sell its own products we can do, is predict will... Ensure the proper functionality of our platform company also reported that the..