StockX controversies
Controversies tied to this brand in public sources. A listing is not a finding of fault.
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2022
Nike sues StockX over sneaker NFTs
Lawsuit filed
Nike sued StockX in New York federal court, alleging that StockX's NFTs depicting Nike shoes infringed its trademarks and were likely to confuse consumers.
Source excerpt
Nike has sued online reselling storefront StockX for listing non-fungible tokens (NFTs) of Nike-branded shoes without its permission.
Nike is seeking damages and a court injunction to force StockX to stop the sales.
Athletics giant Nike filed a lawsuit in New York on Thursday against shopping platform StockX for creating and marketing NFTs - the tamper-proof digital property certificates - based on the brand's products without permission.
2020
StockX announces donation of Kobe Bryant-related sales proceeds
Company response
After criticism that sellers were profiting from Kobe Bryant-related merchandise following his death, StockX stated that it would donate its proceeds from sales of related products during the week after his death to the Kobe and Vanessa Bryant Family Foundation. The announcement addressed concerns about resale activity around Bryant-related items in that period.
Following criticism of sellers profiting from Kobe Bryant-related merchandise after his death, StockX said it would donate its proceeds from related product sales during the week following his death to the Kobe and Vanessa Bryant Family Foundation.
Company response
Remediation — StockX
Following the backlash, StockX said that it would be donating all proceeds from sales of Kobe Bryant-related products to the Kobe and Vanessa Bryant Family Foundation
Source excerpt
Following the backlash, StockX said that it would be donating all proceeds from sales of Kobe Bryant-related products to the Kobe and Vanessa Bryant Family Foundation
Many sneakerheads hiked up their selling prices on these shoes and were criticized on social media for using a tragedy to make a quick dime.
2019
StockX data breach
StockX suffered a data breach in 2019. The incident became a significant customer-security issue and led to account-security measures including credential resets.