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According to the data, the No. 1 reason products are rejected during StockX’s verification process is signs of previous wear (29%), with suspected fake (19%) being the second most cited reason for failure.In the last year, StockX authenticators stopped nearly M worth of fake .
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StockX said its authenticators have spotted counterfeit versions of Nike, Jordan Brand and Adidas Yeezy sneakers most often in the last year. Sneakers that were suspected to be fake accounted for about 13 percent – or million – of that total. Watch on FN. StockX added that in 2023 alone, the company rejected more than 325,000. In the last year, StockX authenticators stopped nearly M worth of fake sneakers from trading on the platform. The company’s latest verification report also reveals the most counterfeited products in the last year.
Every resale platform has a small chance of sending out a fake, there's no magical platform that has amazing authenticators - they're all just minimum wage employees following a guide and .
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In the last 12 months, only 19% of the products rejected by StockX were suspected to be fake, with most products being turned away due to being in used condition. However, . Their authentication process often makes StockX safer than other marketplaces, where scams are more commonplace and buyers have little protection from fraudulent sales. StockX also has a Buyer’s Promise policy, . On Thursday night, StockX provided its latest "Big Facts" report, which uncovers the company's key verification metrics from the past 12 months. Consumers gained insight into the . In a redacted filing last week, Nike said it contacted a StockX buyer who got dozens of fake pairs from the platform. Here, the reseller explains what happened.
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Since 2016, StockX’s verification process has rejected more than 0 million worth of products that did not meet verification standards, and StockX’s authenticators have stopped .
According to the data, the No. 1 reason products are rejected during StockX’s verification process is signs of previous wear (29%), with suspected fake (19%) being the second most cited reason for failure. StockX said its authenticators have spotted counterfeit versions of Nike, Jordan Brand and Adidas Yeezy sneakers most often in the last year. Sneakers that were suspected to be fake accounted for about 13 percent – or million – of that total. Watch on FN. StockX added that in 2023 alone, the company rejected more than 325,000. In the last year, StockX authenticators stopped nearly M worth of fake sneakers from trading on the platform. The company’s latest verification report also reveals the most counterfeited products in the last year.
Every resale platform has a small chance of sending out a fake, there's no magical platform that has amazing authenticators - they're all just minimum wage employees following a guide and getting through as many pairs as they can in a day.
In the last 12 months, only 19% of the products rejected by StockX were suspected to be fake, with most products being turned away due to being in used condition. However, there have been plenty of hiccups along the way.
Their authentication process often makes StockX safer than other marketplaces, where scams are more commonplace and buyers have little protection from fraudulent sales. StockX also has a Buyer’s Promise policy, which means that if you do receive a fake item, you can submit a support request form. On Thursday night, StockX provided its latest "Big Facts" report, which uncovers the company's key verification metrics from the past 12 months. Consumers gained insight into the volume of fake.
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In a redacted filing last week, Nike said it contacted a StockX buyer who got dozens of fake pairs from the platform. Here, the reseller explains what happened. Since 2016, StockX’s verification process has rejected more than 0 million worth of products that did not meet verification standards, and StockX’s authenticators have stopped more than million worth of fake sneakers from trading on the platform.
According to the data, the No. 1 reason products are rejected during StockX’s verification process is signs of previous wear (29%), with suspected fake (19%) being the second most cited reason for failure.
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StockX said its authenticators have spotted counterfeit versions of Nike, Jordan Brand and Adidas Yeezy sneakers most often in the last year. Sneakers that were suspected to be fake accounted for about 13 percent – or million – of that total. Watch on FN. StockX added that in 2023 alone, the company rejected more than 325,000. In the last year, StockX authenticators stopped nearly M worth of fake sneakers from trading on the platform. The company’s latest verification report also reveals the most counterfeited products in the last year.
Every resale platform has a small chance of sending out a fake, there's no magical platform that has amazing authenticators - they're all just minimum wage employees following a guide and getting through as many pairs as they can in a day.
In the last 12 months, only 19% of the products rejected by StockX were suspected to be fake, with most products being turned away due to being in used condition. However, there have been plenty of hiccups along the way. Their authentication process often makes StockX safer than other marketplaces, where scams are more commonplace and buyers have little protection from fraudulent sales. StockX also has a Buyer’s Promise policy, which means that if you do receive a fake item, you can submit a support request form.
On Thursday night, StockX provided its latest "Big Facts" report, which uncovers the company's key verification metrics from the past 12 months. Consumers gained insight into the volume of fake. In a redacted filing last week, Nike said it contacted a StockX buyer who got dozens of fake pairs from the platform. Here, the reseller explains what happened.
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