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Article Date: June 2024
Word Count: 195

StockX Stopped Over $85 million in Counterfeits


The e-commerce platform rejected over 400,000 suspected counterfeit products using its verification methods, StockX revealed in its Big Facts: The Verification Report, which covers the twelve months ended May 31, 2024. The items were valued at nearly $85 million. This represents an increase of approximately 100,000 counterfeits compared to last year. Additionally, it stopped more than 100,000 fakes from trading on the platform, more than 40,000 of which were sneakers. And for the first time, it listed a breakdown of the categories most susceptible to knockoffs, with apparel ... Log in to view full article.

 


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