Early last year, Nike filed a lawsuit against StockX for the resale platform using some of the Swoosh’s most popular sneakers in its NFTs. The case expanded months later with Nike accusing StockX of selling fake products, and the company said it received four counterfeit sneakers that had been “authenticated” within just two months.
As the suit continues, one customer involved in the case has come forward with a story illustrating just how bad the problem with fakes may be. In an interview with @Sockjig, an established figure in the sneaker space, a reseller provided documents from the case in which he says he was sent 38 pairs of fake Air Jordan 1s in the spring of 2022. The buyer had intended to hold onto the sneakers to resell later, and StockX did issue refunds. Before that happened, however, Nike inspected the sneakers to confirm that they were fake. The pairs involved were the Air Jordan 1 High “Mocha,” Air Jordan 1 High “University Blue,” and Air Jordan 1 High “Hyper Royal.”
In December, another lawsuit filed against StockX over counterfeit goods went into arbitration. Heriberto Valiente filed suit last summer accusing the company of selling “non-authentic” items as well as leading consumers to believe that its NFTs were made in partnership with brands such as Nike and Adidas.
Whatever happens in Nike’s lawsuit against StockX could have huge implications for resale landscape as a whole, not to mention StockX’s business going forward. For further developments in this story, download the DROPS by SoleSavy app.
