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Nike Accuses StockX Of Selling Fake Shoes In New Lawsuit • HHL

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Nike is one of the biggest sneaker brands in the entire world, and they take their intellectual property very seriously. For instance, Nike is currently in the midst of suing StockX for allegedly “freeriding” on their brand. Essentially, Nike believes that StockX’s Vault NFT service is using the Nike brand in a way that is only generating profits in one direction. Nike is not happy about this, and now, they have even more ammunition for their lawsuit.

According to Bloomberg, over the span of a few months, Nike purchased sneakers from StockX and received four counterfeit models. They say these models even had StockX’s signature authenticity hangtag. As a result, Nike wants to make counterfeiting and false advertising a part of their lawsuit.

Nike logoStephanie Keith/Getty Images

“Those four pairs of counterfeit shoes were all purchased within a short two-month period on StockX’s platform, all 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,’” Nike claims in their suit.

As it stands, StockX has yet to comment on this latest development. The brand has been accused of selling fake shoes in the past, however, this is something that all sneaker resellers have dealt with.

Stay tuned to HNHH for more updates on this situation.

Nike

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