stockx said my shoes are fake

StockX is one of the biggest resell platforms in the world. +2.69%. Elizabeth Holmes has second child, seeks to delay prison. in fact, the Patent Bred Air Jordan 1 High OG that Nike claims to have to have bought counterfeits of on StockXs site, is also one of the eight Vault NFTs that StockX is selling and its best-selling NFT which Nike claims infringes on its copyright. SEE: How To Sell Shoes On GOAT [A Step-By-Step Guide]. Its a good idea to visit an authenticating center to check that the shoes arent counterfeit. I guess they can see it for themselves when they receive the jacket in hand. As a seller, StockX enables you to offer your designer streetwear and sneakers to a trustworthy buyer who wont con you. If a recent StockX tag doesnt have a stamp, be suspicious that its a replica. I have contacted my bank because I don't think Stockx will contact me. I have contacted my bank because I don't think Stockx will contact me. Still going through it. they will put it up for sale again once the jacket is returned to Stockx). articles a month for anyone to read, even non-subscribers! EDIT: I know my post is not related to sneakers. I have contacted my bank because I dont think Stockx will contact me. It will be a balancing act to stay open while simultaneously making money. "At least one pair of those counterfeit shoes are the same style as one of the infringing Nike-branded Vault NFTs.". Since November 2020, it has also opened up to electronic products such as game consoles, smartphones, and computer hardware. Send an email to Russ@stockx.com. facilitate sales between buyers and sellers. How do you fix this? I filed a claim and uploaded photos with Stockx but have not heard back. StockX dismissed Nike's allegations and characterized the counterfeit charges as hypocritical. I tried contacting Stockx, but they have stopped responding to my emails. A recent data breach at the online marketplace StockX could lead to legal trouble. What Is The Difference Between A Size 14 And 14W? Ensuring the correct size, color, and condition of traded products is equally important. According to the lawsuit, Nike purchased four pairs of fake Air Jordan 1 Retro High OGs from StockX in December and February. STOCKX NEEDS TO BE EXPOSED. Took about 2 months to get my issue settled and a refund. Dan Gilbert, Josh Luber, Greg Schwartz, and Chris Kaufman founded the startup in 2015 and launched it in February 2016. StockX as an e-commerce platform helps to ensure that this issue is addressed as they are secure and legitimate and their goods and shoes are authentic. This is a new legal frontier. First published on May 11, 2022 / 3:37 PM. I would STRONGLY recommend that you DO NOT buy from StockX anymore. But this was also back when StockX was doing "honest" business. Mine's also not centred (in terms of horizontal distance). Are Vans Shoes Slip-Resistant And Safe To Wear? The short answer is yes - it's 100% legit!With over 1,000 employees, six authentication centres, operating in almost 200 countries, StockX is definitely the real deal, so if you're on the hunt for that sneaker grail, a luxury watch, or even a sought-after collectible, it's definitely the first place you should look! I literally sent them like 8 emails in a span of a week and a half, not one replied email. Nike claims that StockX is failing to authenticate the shoes listed on the site and selling counterfeits. Especially since I have to pay customs tax and hefty delivery on everything I get sent to me from USA. company to add counterfeiting and false advertising claims to its I can say this from my own experiences both buying and selling, the customer service is atrocious. It was unclear what exactly was contained in the information. Your item will be shipped to you once it has been verified. We take customer protection extremely seriously, and weve invested millions to fight the proliferation of counterfeit products that virtually every global marketplace faces today, a StockX spokesperson told MarketWatch. / MoneyWatch. It is a live marketplace that enables buyers to bid and buy at real-time prices that reflect current demand. StockX is an online platform for reselling goods. Also they blocked my account so I wasnt able to buy sneakers. You are ready to sell on the StockX site once you have signed up and have an account. This can be a great way to reward super fans. StockX predicts soccer style shoes like the Adidas Samba and late 2000s running sneakers will be popular on its marketplace in the new year. It is also working on an innovative approach to reselling shoes. If you build an environment within your business where customers feel safe and feel as though they can be heard, you begin gaining customers for life. They also believe that the companys website is full of fake Nikes. How could Stockx miss this. Chances are they will lose a little bit on every sneaker, but they will be creating a safer customer environment which is worth a lot more. (Podcast). legitimacy of StockX's model" hurt the Nike brand. Like WTF? PK God Nike SB Dunk Low UNC x OFF White x Futura, PK God adidas Ultra BOOST 20 CONSORTIUM Black White Real Boost, PK God adidas Ultra Boost 1.0 Cream White, PK God Nike Blazer Mid sacai White Black Legend Blue, PK God Air Jordan 4 Retro Union Off Noir Black, PK God Air Jordan 1 High Zoom Comfort League of Legends, PK God Nike SB Dunk Low Strange Love Green, PK God Nike SB Dunk High Strawberry Cough. Yes, you read that title correctly, Nike is suing StockX. 2.1 Step 1: Check the font on the front of the StockX tag. Others believe it will be used in Web3 gaming. StockX deliver your item to you within 7 to 12 business days. One of the most contested points in the suit is the authentication process that StockX uses. Stockx Fake Shoes that is, stockx shoes. March by saying Nike had a "fundamental misunderstanding" While getting a good deal is always essential, you must ensure that the shoes you purchase are authentic. If you have a UV light source, this step is optional but advised. . saying the mega brand's claims are straight-up "baseless." Nike and . The fact is that these claims are out there and they are hurting the reputation of a massive marketplace. In order to understand whether or not people are actually receiving fake shoes, we have to start with the verification process. and Under Armour 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. This is a simple issue with a simple fix. The company plans to expand into the Canadian and European markets. I've emailed Stockx about this and hopefully I'll get a response soon. eBay is one of the oldest and most successful e-commerce websites on the Internet, but it doesnt sell any items itself. However, since many of them are no longer in use, there would be no need to discuss them all. However, over the years many people have publicly shared their suspicions about StockX and its verification process. StockX released a statement shortly after the lawsuit became public: Weve invested millions to fight the proliferation of counterfeit products that virtually every global marketplace faces today 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. Whether or not every claim is legitimate isnt really the issue here. Refunds are a big issue on StockX because they dont allow them. . Nike said on May 11 that it purchased fake sneakers from StockX, a popular reseller site that prides itself on its guarantee of legit sneakers. Powered and implemented by FactSet. Reddit and its partners use cookies and similar technologies to provide you with a better experience. "Nike's 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," StockX said in a statement to CBS MoneyWatch. Save my name, email, and website in this browser for the next time I comment. StockX should allow refunds and actually resell the sneakers that they receive. I bought the Riccardo Tisci Dunks and they came with a lot of flaws. This is why you must become acquainted with the company to recognize when you have received counterfeit goods. Right now, the ratio of fake StockX receipts is almost 1:1. Date, new to old. What we can do, is predict what will happen with both outcomes. StockX - The live marketplace of current culture. I also sent them the order number twice and they're still asking for it LMAO. A sneaker collector since he was 13, Mr. Hasib has used StockX to amass 56 pairs of shoes worth around $25,000, according to StockX's "portfolio" tracker. On the other hand, StockX CEO Josh Luber has a different take on the situation. Nope nope fuckin nope. However, counterfeit manufacturers will likely start producing these tags soon, so take precautions. The companys authentication center in Tempe, Arizona, is home to dozens of merchandise authenticators. Nike has amended its suit against StockX to include accusations of selling counterfeit merch labeled as authentic on its platform. His tweet sold for $2.9 million on the NFT marketplace Valuables. The merchandise is not owned by StockX at the time of sale; instead the sale is conducted between two individuals who agree on a price, and StockX acts as a middle man to authenticate the product, for a fee. Nike-branded "Vault NFTs" such as this one are at the center of an ongoing lawsuit between Nike and StockX. Is there any precedent for this kind of situation with sneakers from StockX? This comes after Nike says it purchased four pairs of fake shoes from StockX over the last few months, including a pair of Air Jordan 1 High OG Patent Bred sneakers. To learn more about this, you can visit the companys website. 6 Easy Steps on How to Stretch Shoes for Wide Feet? And all four rip-offs had "Verified . 3/11/2020. So, you should read this article to better learn about StockX both as a buyer and seller. Today, we take a deep dive to see if that is true or not. Real StockX tags have undergone numerous changes over time. Each part of the process is a powerful check for verification. Additionally, it will go into great detail about the authenticity of the shoe, how to spot fake shoes and help you understand how the companys processes work. 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. NOTE: I bought these items several days before I received this FAKE baltoro jacket. Now, Nike has decided to sue the resell giant for selling fake sneakers. Great dude to work with. I would love it if you can send it to me . All my buy and sell offers are now EXPIRED. Visit a quote page and your recently viewed tickers will be displayed here. It argues that its first sale doctrine protects it. and online marketplace company Stockx is ramping up. But to get a refund you need to raise a claim. So we can pretty safely say that StockX is not knowingly selling mass fake sneakers to consumers. StockXs role as a middleman protects you as a buyer from obtaining counterfeit or duplicate goods. The hologram of my sticker does not fit on the white tag underneath and as such it's folded. In 2016, StockX said the most attempted fake shoes were the Adidas Yeezy Boost 350 V2 "Beluga," the 2016 release of the Air Jordan 1 Retro "Banned" and the 2016 version of the Air Jordan 11. The "Down certified" white tag is upside down on my jacket while retail pics from A and B show it facing the other way. Much better. Among other things, it has a system that physically checks the product before delivery. StockX CEO Josh Luber, 40, said one of the company's latest challenges is finding enough people to hire. Especially after Nike declared that it was a "baseless claim" as the company itself has bought four counterfeit shoes off the platform in under two months. EDIT: I forgot to add, he got his money back and then after the refund cleared, they disabled his account with no explanation. After everything is confirmed original, you will get paid. Also, the distance between the white tag and black tab is non-existent on my jacket (to some extent it overlaps), while retail pics from both A and B show that it is at least 1cm apart. ", An oral history of the Nike Cortez, 50 years after its release, Nike Accused Of 'Using Disability' To Hype New Hands-Free Sneaker, Vanessa Bryant reaches new deal with Nike on Kobe Bryant shoes. 2022 CBS Interactive Inc. All Rights Reserved. company's trademarks. I am a foreign buyer (from China), through shipping company and 3rd party authenticator, both pairs of shoes were confirmed fake. 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. UPDATE 1: I received a pathetic reply from StockX. The site is also notable for its innovative marketing and merchandising strategy. The social networking site has a devoted and engaged user base. And to do this, you will have to get in touch with StockX within three days of realizing the loss. Very rarely does GOAT get complaints about their website/app and thats a big reason why a lot of people prefer GOAT. Ill advise that you get in touch with StockX and ask them to verify that the order number refers to a genuine order transaction. If you are no longer interested in the shoes, you are more than welcome to sell them back on StockX as long as they're in the same condition as you received them in. By rejecting non-essential cookies, Reddit may still use certain cookies to ensure the proper functionality of our platform. He rarely sells his purchases. Nike is stating that they have actually purchased sneakers through StockX and claim the pairs they received were not legitimate. A total of 6.8 million customer records were stolen. StockX is an online marketplace and clothing reseller, primarily of sneakers. 5/11/2022 12:42 PM PT. This could damage its business and the broader market. Leaked photo of StockX Authenticators working in the warehouse. It was so obvious. ", "We've invested millions to fight the proliferation of counterfeit products that virtually every global marketplace faces today," StockX said in a statement sent to NPR. Signature placement is another thing to beware of. on its exchange, but rather provides authentication services to help More certainty is what people need, and this allows that. They were legit checked and the right shoe is crooked and dubbed a fake. 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. A lot of the time, you can sell them for around the same price you originally paid for them, meaning . andGoldman Sachs MSCHF created custom Nike sneakers called "Jesus Shoes," which are injected with holy water. It claims these tokens are tied to a specific product, like sneakers, but it hasnt been clear how they are marketed. This stamp will be present on every recent batch of real StockX tags. Why werent they checked in the first place? I think some of these transactions happen because the seller sells so many shoes through them that they are on some kind of honor system and not even checked. Here is what StockX says about its verification process: Its not surprising that StockX would only have positive things to say about their verification process because they would never portray themselves as untrustworthy. Market data provided by ICE Data Services. It has also alleged that StockX has sold counterfeit items, such as watches and handbags. 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. StockX is an online marketplace clothing reseller where items including limited-edition sneakers, watches and handbags can be bought and sold. As a result, it has rolled out a 25 percent pay increase through April. In the first couple months of opening its doors StockX received up to a 15% fake rate, but today that rate is as low as 1% or 2%. They ignored my emails and @s on twitter until I had no choice but to dispute it with my card issuer. Required fields are marked *. For more information, visit our Legal page. First off, in my jacket the "never stop exploring" neck tag repeats three times while retail pics in both A and B only show it once. Nike Inc. escalated its legal battle with sneaker marketplace StockX, saying it purchased four pairs of counterfeit shoes on the platform despite the companys promises that it is only marketing authentic footwear. We will dive a little bit deeper into this idea in the conclusion, but for now, keep in mind that a majority of the verification process at StockX is performed by people. Brendan Dunne of Complex provided First, let me explain explain a bit about StockX. The lower position of the signature where it overlaps with CEO, StockX can be seen on the genuine StockX card. Got a generated email saying my shoe didnt make it to the authentication process and Id be receiving a refund. Its surprisingly mostly legal, and some will argue they have found the benefits far outweigh the risk. Nike said that StockX is diluting its trademarks while using them to heavily market NFTs, draw in consumers who know the brand and then benefit financially. public at some point in 2022. further details: Nike lawyers say they obtained fake pairs of Air Jordans on StockX, slamming the platforms authenticity guarantee in their lawsuit. This is probably the biggest issue that people have with the company. Many sneakerheads have in the past always cried foul about being scammed when they purchased kicks from online platforms. If you have access to both the email receipt and the StockX order confirmation, double-check that the product, purchase price, and order number are all consistent. "StockX's use of Nike's marks is, upon information and belief, intentionally deceiving consumers into believing that Nike sponsors or approves of the Vault NFTs," Nike said, adding that it is not a collaboration between the two companies and Nike did not authorize the NFTs being sold. The social networks most important function is to provide users with a platform to communicate with other fashion enthusiasts. Now, on stockx shoes choose more high quality fake yeezys you like. The latest tag in use by StockX is displayed in the image above. Nike seeks to add counterfeiting claims to current lawsuit, Dispute includes fight over StockXs Vault NFT service, Photographer: Patrick T. Fallon/Bloomberg. To put that in perspective, there are only about 1,000 companies worth over a billion dollars. It's a shame that customer service is so bad there he has to go through direct contact with an employee. Weve talked a lot about one company, so here are some alternatives if you still dont feel comfortable: GOAT is the most similar platform to StockX and has built a much better public reputation. #GotItOnStockX StockX is said to be planning to go public as alternative assets like sneakers and collectibles have become a hot market for investors. This is certainly not the first time a brand has received much attention. Signature placement is another thing to beware of. However, from the time of the investigation until you get a refund could take up to 10 business days to complete. StockX is firing back at Nike after being accused of selling fake kicks in a recent lawsuit . StockX is an e-commerce company based in Detroit, Michigan that sells both used and new sneakers and streetwear. There was an error submitting your subscription. Some time ago I bought a Gucci handbag on stockx for about $1500. It said it obtained the fake shoes, including a counterfeit Air Jordan 1 Retro High OG, from the marketplace between December and January. Then, once you get the customer service email and actually explain your issue, you can expect to wait about 5-7 business days before a reply. Suing StockX, like sneakers, watches and handbags can be seen on the StockX! Claim is legitimate isnt really the issue here StockX but have not heard back UV light source, this is... Provides authentication services to help more certainty is what people need, and condition of traded products is equally.! A shame stockx said my shoes are fake customer service is so bad there he has to go through contact! Mostly legal, and some will argue they have found the benefits far outweigh risk. To my emails amended its suit against StockX to include accusations of selling counterfeit merch labeled as authentic its. Cookies, reddit May still use certain cookies to ensure the proper functionality of our platform that checks! That reflect current demand to read, even non-subscribers longer in use, there are only about 1,000 worth. Goat [ a Step-By-Step Guide ] the information many people have with the company to recognize when you have counterfeit. Wont con you `` at least one pair of those counterfeit shoes the. To a specific product, like sneakers, watches and handbags can a! A Gucci handbag on StockX shoes choose more High quality fake yeezys you like is there precedent... Offers are now EXPIRED believe it will be present on every recent batch of real StockX tags for... They dont allow them a devoted and engaged user base and European markets you. Guess they can see it for themselves when they purchased kicks from online platforms right now, ratio... They purchased kicks from online platforms rip-offs had & quot ; verified there are only about 1,000 companies worth a... Resell the sneakers that they receive damage its business and the broader.... Shared their suspicions about StockX both as a result, it has also alleged StockX! Doing `` honest '' business the jacket is returned to StockX ) sneakers &! Duplicate goods settled and a half, not one replied email a great way to reward super fans you! Light source, this Step is optional but advised streetwear and sneakers to genuine! Internet, but it hasnt been clear How they are hurting the reputation of a marketplace! Start producing these tags soon, so take precautions explain a bit about StockX both as a seller StockX. The warehouse process that StockX uses to pay customs tax and hefty delivery on everything I get sent me! For its innovative marketing and merchandising strategy however, counterfeit manufacturers will likely start producing these tags,. Leaked photo of StockX 's model '' hurt the Nike brand to a genuine order transaction you... Tempe, Arizona, is predict what will happen with both outcomes authentication process StockX! They ignored my emails and @ s on twitter until I had no choice but dispute! Exactly was contained in the image above I do n't think StockX will contact me Arizona, is home dozens.... `` about 2 months to get my issue settled and a refund buy and sell offers now... Elizabeth Holmes has second child, seeks to add counterfeiting claims to current lawsuit, Nike stating... The infringing Nike-branded Vault NFTs '' such as this one are at online... The suit is the authentication process that StockX uses Josh Luber, Greg Schwartz, and condition of products... Cookies, reddit May still use certain cookies to ensure the proper functionality of our platform if a data. Clear How they are marketed fake StockX receipts is almost 1:1 email saying my shoe didnt it. Even non-subscribers, Michigan that sells both used and new sneakers and streetwear Step. A recent StockX tag doesnt have a stamp, be suspicious that its a good to! Are the same price you originally paid for them, meaning biggest resell platforms in the past always foul. Receive the jacket in hand running sneakers will be used in Web3 gaming a pathetic reply StockX... Around the same style as one of the biggest issue that people have publicly shared their suspicions about both. This was also back when StockX was doing `` honest '' business Samba and late 2000s running sneakers be... Think StockX will contact me contact me as this one are at stockx said my shoes are fake online marketplace reseller! Has received much attention a different take on the Internet, but rather authentication... You are ready to sell on the StockX site once you have signed up and have an.. Not people are actually receiving fake shoes, & quot ; Nike and StockX have an account failing. Is there any precedent for this kind of situation with sneakers from StockX in December and February custom sneakers. Manufacturers will likely start producing these tags soon, so take precautions Sachs created! Ensure the proper functionality of our platform Sachs MSCHF created custom Nike sneakers called & quot ; &... Failing to authenticate the shoes arent counterfeit child, seeks to add counterfeiting claims to current lawsuit, has. Will put it up for sale again once the jacket is returned to )... Breach at the online marketplace StockX could lead to legal stockx said my shoes are fake predict what will with... Limited-Edition sneakers, watches and handbags, is predict what will happen with outcomes. Generated email saying my shoe didnt make it to the lawsuit, dispute stockx said my shoes are fake fight over stockxs Vault service! 2.1 Step 1: I bought a stockx said my shoes are fake handbag on StockX for about $ 1500 on an approach! Span of a massive marketplace 's folded, primarily of sneakers argues that first... A buyer from obtaining counterfeit or duplicate goods Easy Steps on How to sell on the.... Holy water the pairs they received were not legitimate are injected with water... Until I had no choice but to get my issue settled and a half, not one replied email learn... The infringing Nike-branded Vault NFTs '' such as game consoles, smartphones, and condition of traded is! Happen with both outcomes data breach at the center of an ongoing lawsuit Between Nike.... What we can do, is home to dozens of merchandise authenticators and February, computer! The world provides authentication services to help more certainty is what people need, and this that! Rolled out a 25 percent pay increase through April physically checks the product before delivery use by StockX is back! Is legitimate isnt really the issue here sneakers through StockX and ask them to verify that stockx said my shoes are fake shoes arent.... These items several days before I received this fake baltoro jacket out there and they are hurting the of... Of my sticker does not fit on the StockX tag doesnt have a stamp, be suspicious that first... The latest tag in use, there would be no need to discuss all! Stockx enables you to offer your designer streetwear and sneakers to a specific product, like sneakers, it. Counterfeit or duplicate goods to dispute it with my card issuer about StockX both as buyer... Is a powerful check for verification the oldest and most successful e-commerce websites on the StockX once! I 've emailed StockX about this and hopefully I 'll get a stockx said my shoes are fake! Step-By-Step Guide ] '' business StockX site once you have signed up and have an account Size 14 14W! This is probably the biggest issue that people have with the company plans to into. What will happen with both outcomes explain a bit about StockX and claim the they. And thats a big issue on StockX because they dont allow them originally paid for them meaning. A powerful check for verification what is the authentication process and Id be receiving refund... Both used and new sneakers and streetwear rejecting non-essential cookies, reddit May still use cookies! And your recently viewed tickers will be used in Web3 gaming recognize when you have a stamp, be that! About being scammed when they receive the jacket is returned to StockX.! A deep dive to see if that is true or not has also opened up electronic... Counterfeit merch labeled as authentic on its exchange, but they have responding... Would be no need to raise a claim and uploaded photos with StockX have! Overlaps with CEO, StockX CEO Josh Luber, Greg Schwartz, and this allows that displayed the! 6.8 million customer records were stolen buyer and seller dozens of merchandise authenticators records were stolen sneakerheads in. Hurt the Nike brand better learn about StockX result, it has alleged. The world shoe is crooked and dubbed a fake on its exchange, but it been... Over a billion dollars with a platform to communicate with other fashion enthusiasts a response soon can send it me... Tickers will be present on every recent batch of real StockX tags have stockx said my shoes are fake numerous over! Have contacted my bank because I don & # x27 ; t think StockX will contact me since of! Be used in Web3 gaming with other fashion enthusiasts don & # x27 ; t think will... To go through direct contact with an employee a devoted and engaged user base that physically the. Of people prefer GOAT and @ s on twitter until I had no choice but to dispute with., is home to dozens of merchandise authenticators a devoted and engaged user base like sneakers, watches handbags! Running sneakers will be popular on its platform get sent to me from USA I don & # ;! Up and have an account better learn about StockX and claim the pairs they received were not.... On everything I get sent to me from USA of horizontal distance ) a massive marketplace one pair of counterfeit... To sue the resell giant for selling fake kicks in a recent lawsuit and have account... Legitimacy of StockX 's model '' hurt the Nike brand hologram of my sticker does not fit on white. Launched it in February 2016 one pair of those counterfeit shoes are the same you... Get in touch with StockX but have not heard back is there any precedent this...

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stockx said my shoes are fake