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StockX Removes Claims that Sneakers are Authentic
For those of you who have bought from StockX, have you written them off as of late after the Nike scandal came about?
Does this impact how you view sneaker collecting?
With the grey market running rampant, are you still buying sneakers for resale, or is it a bust if you can get them at a retailer?
In the midst of an ongoing legal battle with Nike, StockX has removed claims from their product page that identifies sneakers as “Authentic.” The resale giant was called out by Nike earlier this year for their unreliable authentication process. Nike alleged that StockX’s “99.95% authentication accuracy rate” is a baseless claim and the Swoosh even purchased four fake pairs from the consignment platform to prove it.
Since the company’s inception, StockX has claimed 100% authentic sneakers, an enticing customer service policy that allowed the marketplace to grow in popularity. The authenticity claim changes can already be seen on coveted releases like the upcoming Air Jordan 1 Retro High OG “Lost & Found.” Earlier this year the sneaker was listed at “Verified Authentic” and “Condition: New.” Now, the sneaker has removed all authentication claims and is only identified as “Condition: New”.
For those of you who have bought from StockX, have you written them off as of late after the Nike scandal came about?
Does this impact how you view sneaker collecting?
With the grey market running rampant, are you still buying sneakers for resale, or is it a bust if you can get them at a retailer?