Nike filed a lawsuit against the online marketplace, StockX in February, and this was recently modified to include a complaint related to the sale of fake Nike shoes. The sneaker and sports apparel company is questioning the latter’s authentication process after claiming it is selling counterfeit items on its site.
Nike Inc. amended its lawsuit against StockX LLC to include a new complaint. It told a Manhattan federal court that the said online reseller has been offering fake Nike shoes to its customers.
With this additional allegation, the Beaverton, Oregon headquartered footwear manufacturing company has built up its legal case versus StockX. From the trademark infringement violation for the sale of virtual images or non-fungible tokens (NFTs) of Nike sneakers, the suit has now expanded to include alleged counterfeit shoe sales of the Nike brand.
Nike explained in its complaint that it has recently purchased fake shoes from StockX despite its claims that its NFTs are part of the process that will guarantee the authenticity of the shoes it is selling, as per Reuters.
The original case that was filed in court three months ago stated that StockX has been selling NFTs of Nike sneakers without proper authorization from the company. Nike argued the virtual images caused customer confusion as it also started selling NFTs last month.
Now, in its updated suit that was filed on Tuesday, Nike alleged it has bought four pairs of shoes, and they turned out to be fake even if StockX had verified them to be authentic. With the new allegation, the online reseller issued a statement denying Nike’s claims.
“We take customer protection extremely seriously, and we’ve invested millions to fight the proliferation of counterfeit products that virtually every global marketplace faces today. StockX denies,” StockX said in a statement. “Nike’s latest filing is not only baseless but also is curious given that their own brand protection team has communicated confidence in our authentication program, and that hundreds of Nike employees – including current senior executives – use StockX to buy and sell products.”
The company went on to say that Nike’s “latest tactic amounts to nothing more than a panicked and desperate attempt to resuscitate its losing legal case” against the company’s innovative Vault NFT program.


Asian Currencies Steady as Fed Delivers Hawkish Rate Cut; Aussie and Rupee Under Pressure
Modi and Trump Hold Phone Call as India Seeks Relief From U.S. Tariffs Over Russian Oil Trade
SK Hynix Considers U.S. ADR Listing to Boost Shareholder Value Amid Rising AI Chip Demand
S&P 500 Slides as AI Chip Stocks Tumble, Cooling Tech Rally
Azul Airlines Wins Court Approval for $2 Billion Debt Restructuring and New Capital Raise
Asian Stocks Slip as Oracle Earnings Miss Sparks AI Profitability Concerns
Nvidia Develops New Location-Verification Technology for AI Chips
Air Force One Delivery Delayed to 2028 as Boeing Faces Rising Costs
EssilorLuxottica Bets on AI-Powered Smart Glasses as Competition Intensifies
Oil Prices Edge Higher as U.S. Seizes Sanctioned Venezuelan Tanker
Indonesia–U.S. Tariff Talks Near Completion as Both Sides Push for Year-End Deal
Brazil Holds Selic Rate at 15% as Inflation Expectations Stay Elevated
Air Transat Reaches Tentative Agreement With Pilots, Avoids Strike and Restores Normal Operations
Japan Weighs New Tax Breaks to Boost Corporate Investment Amid Spending Debate
Asian Stocks Rally as Tech Rebounds, China Lags on Nvidia Competition Concerns
Evercore Reaffirms Alphabet’s Search Dominance as AI Competition Intensifies
Fed’s Dovish Tone Sends Dollar Lower as Markets Price In More Rate Cuts 



