The legal battle between StockX and Nike is still going on, and neither side is backing down. StockX adamantly rejected Nike’s amended complaint that said the resale marketplace has been allowing sales of counterfeit Nike shoes after suing it for trademark infringement on the “Vault” NFT collection.
The complaint is “nothing more than a failed attempt to bolster its still meritless claims,” claimed StockX in a recent filing.
In May, Nike amended its original complaint against StockX, adding that it had purchased four counterfeit pairs of Nike shoes through the marketplace.
The dispute began in February when Nike sued StockX for trademark infringement in connection with the sale of their “Vault” NFTs of Nike footwear. Nike’s claims “lack merit,” according to the reselling giant, which called them a “baseless and misleading attempt to interfere with the application of a new technology.”
StockX questioned why Nike waited until May to present its concerns regarding counterfeit sneakers in its amended complaint.
Nike previously sought to engage with StockX and has indicated confidence in the StockX verification process, according to the Detroit-based resale platform. Nike even encouraged StockX to join an anti-counterfeiting counsel within the United States Department of Homeland Security.
StockX claims that its usage of Nike’s images and descriptions is “no different than major e-commerce shops which sell physical sneakers and other things online using images and descriptions of products.”
StockX says that it has spent millions of dollars combating counterfeiting, hiring over 300 authenticators around the world, examining over 30 million goods, and stopping the sale of more than $60 million in counterfeit sneakers on its platform.
StockX did admit, however, that counterfeit products may make it through their authentication process. The company stated in its petition that it had a refund policy “for the rare case where a counterfeit product might find its way into a consumer’s hands.”
