Connect with us


Nike alleges StockX sold fake versions of shoes in online marketplace




Nike has accused online marketplace StockX of selling fake versions of its shoes on the latter’s website.

The sportswear multinational and StockX are already embroiled in a trademark infringement legal battle — a case that was filed in New York earlier in 2022 — involving Nike-branded non-fungible tokens (NFTs) Vault.

Here’s everything we know about the Nike vs StockX case

New filing accuses StockX of selling ‘counterfeits’

Court case
Image Credit: Tingey Injury Law Firm/@tingeyinjurylawfirm/Unsplash

Now, in a new filing added as an amendment to the original case in the Southern District of New York, Nike claimed to have purchased four fake pairs of purported Nikes through StockX over a two-month period.

CBS News reports that the world-renowned sportswear major has asked the federal judge to remove the alleged infringements from the StockX website.

Nike lawyers argued that the online marketplace should be banned from selling shoes in any form. This is important because the lawyers had said that StockX sold NFT Vault earlier in 2022 as Nike products.

Additionally, the attorneys said that after the main lawsuit was filed, StockX allegedly removed text asserting the authenticity of the NFTs but continued to sell them.

What are Nike’s lawyers saying?

In the new memorandum of law In support of its “Motion for Leave to File an Amended First Complaint”, Nike’s attorneys stated, “Despite StockX’s extensive assurances of authenticity, Nike recently obtained four confirmed pairs of counterfeit ‘Nike’ shoes , which were purchased within two months on the StockX platform.

“StockX affixed its ‘Verified Authentic’ hang tag to each pair of counterfeit shoes and included a paper receipt in the shoe box stating that each pair of counterfeit shoes is ‘100% authentic,'” Nike attorneys argued. in the memorandum.

According to the world athletics major, at least one pair of counterfeit shoes are the same as one of the Nike-branded Vault NFTs. The memorandum also contained photos of the original Nike shoe and its alleged copy.

StockX releases a statement

Following the charge of “counterfeiting”, StockX published a statement calling Nike’s allegations “baseless”.

“We take customer protection very seriously and have invested millions to combat the proliferation of counterfeit products that virtually every global market faces today. Nike’s latest filing is not only baseless, but also puzzling given that their own brand protection team trusted our authentication program and that hundreds of Nike employees, including current senior executives , use StockX to buy and sell products,” StockX said.

The online market said the cobbler’s tactic was “nothing more than a panicked and desperate attempt to resuscitate his lost court case”.

“Nike’s challenge has no merit and clearly demonstrates their lack of understanding of the modern market,” he added.

(Main and featured images: Lennart Uecker / @lennartuecker / Unsplash)




The mention sources can contact us to remove/changing this article

What Are The Main Benefits Of Comparing Car Insurance Quotes Online

LOS ANGELES, CA / ACCESSWIRE / June 24, 2020, / Compare-autoinsurance.Org has launched a new blog post that presents the main benefits of comparing multiple car insurance quotes. For more info and free online quotes, please visit https://compare-autoinsurance.Org/the-advantages-of-comparing-prices-with-car-insurance-quotes-online/ The modern society has numerous technological advantages. One important advantage is the speed at which information is sent and received. With the help of the internet, the shopping habits of many persons have drastically changed. The car insurance industry hasn't remained untouched by these changes. On the internet, drivers can compare insurance prices and find out which sellers have the best offers. View photos The advantages of comparing online car insurance quotes are the following: Online quotes can be obtained from anywhere and at any time. Unlike physical insurance agencies, websites don't have a specific schedule and they are available at any time. Drivers that have busy working schedules, can compare quotes from anywhere and at any time, even at midnight. Multiple choices. Almost all insurance providers, no matter if they are well-known brands or just local insurers, have an online presence. Online quotes will allow policyholders the chance to discover multiple insurance companies and check their prices. Drivers are no longer required to get quotes from just a few known insurance companies. Also, local and regional insurers can provide lower insurance rates for the same services. Accurate insurance estimates. Online quotes can only be accurate if the customers provide accurate and real info about their car models and driving history. Lying about past driving incidents can make the price estimates to be lower, but when dealing with an insurance company lying to them is useless. Usually, insurance companies will do research about a potential customer before granting him coverage. Online quotes can be sorted easily. Although drivers are recommended to not choose a policy just based on its price, drivers can easily sort quotes by insurance price. Using brokerage websites will allow drivers to get quotes from multiple insurers, thus making the comparison faster and easier. For additional info, money-saving tips, and free car insurance quotes, visit https://compare-autoinsurance.Org/ Compare-autoinsurance.Org is an online provider of life, home, health, and auto insurance quotes. This website is unique because it does not simply stick to one kind of insurance provider, but brings the clients the best deals from many different online insurance carriers. In this way, clients have access to offers from multiple carriers all in one place: this website. On this site, customers have access to quotes for insurance plans from various agencies, such as local or nationwide agencies, brand names insurance companies, etc. "Online quotes can easily help drivers obtain better car insurance deals. All they have to do is to complete an online form with accurate and real info, then compare prices", said Russell Rabichev, Marketing Director of Internet Marketing Company. CONTACT: Company Name: Internet Marketing CompanyPerson for contact Name: Gurgu CPhone Number: (818) 359-3898Email: [email protected]: https://compare-autoinsurance.Org/ SOURCE: Compare-autoinsurance.Org View source version on accesswire.Com:https://www.Accesswire.Com/595055/What-Are-The-Main-Benefits-Of-Comparing-Car-Insurance-Quotes-Online View photos


to request, modification Contact us at Here or [email protected]