StockX Statement on Summary Judgment Decision

Published Mar 4, 2025 - Company News

We are pleased that the court denied all of Nike’s claims related to false advertising. The judge also appropriately rejected Nike’s allegations of willfulness as it relates to counterfeiting, a decision that serves as a testament to the significant investment StockX has made in preventing the trade of counterfeit products on our platform.

Verification has been core to StockX since our inception — we’ve invested millions of dollars in technology, training, and tooling, and we stand behind every product sold on StockX with our Buyer Promise. In this case and on an ongoing basis with all our customers, we offer refunds or replacements if someone receives an incorrect product.

The products in question in this case amount to a mere 0.0004% of the 17.8 million Nike sneakers StockX reviewed while this litigation was ongoing. Compare that to the more than $80,000,000 of suspected counterfeit sneakers alone that StockX has prevented from being sold on our platform since launching in 2016. As we’ve said before, it’s a shame that rather than work with us to fight fakes, Nike has instead opted to use its resources to pursue meritless, expensive litigation. We look forward to the opportunity to tell our story to a jury at trial.