Nike

Back in February, Nike sued StockX, a popular online sneaker reseller, for launching a non-fungible token (NFT) series based on Nike’s shoes. It then accused StockX last month of knowingly selling counterfeits — a thing that shouldn’t be possible since StockX claims it authenticates the shoes sold on its site. Now, StockX is hitting back. In a court filing, the sneaker reseller says that Nike’s complaint is “nothing more than a failed attempt to bolster its still meritless claims.” StockX introduced its Vault NFT…

Online resale marketplace StockX is hitting back at Nike's claims that the site has been allowing sales of counterfeit versions of its sneakers.StockX, in a response to Nike's allegations, defended its anti-counterfeiting measures and said Nike itself had previously praised them, according to a draft of a court filing seen by CNBC. The response is set to be filed in U.S. District Court in New York City on Monday."In the past, Nike has sought to collaborate with StockX and has communicated confidence in the StockX…

Foot Locker dominates the brick-and-mortar footwear category as the largest footwear retailer in the world. Its 2,900 stores worldwide span several brands, including Lady Foot Locker, Kids Foot Locker and Champs Sports.Since 2015, however, digital sneaker retailers have grown rapidly with the establishment of online marketplaces like StockX and GOAT. New brick-and-mortar streetwear stores like Flight Club and Stadium Goods have also entered the market. The sneaker business saw unprecedented growth in 2020 and is expected…

Nike’s Go Flyease sneakers are back in stock. Normally, sneaker restocks are something you don’t expect anyone other than hypebeasts to get excited about, but it’s a bit different with Nike’s hands-free shoes. While praised for its accessible design, the $120 Go FlyEase has also been notoriously hard to find for the people who would benefit from them the most. The Go FlyEase made a splash when it was first introduced thanks to its bistable hinge. The design allows the shoe to switch between an “open” and “closed”…