The Kicks You Wear: Nike and StockX Bury the Beef Nike and StockX’s years-long legal battle has finally come to a close. The clash between the sportswear giant and the sneaker resale platform had been a topic of much discussion within the sneakerhead community, with both sides presenting arguments and counterarguments that kept enthusiasts on […]
Nike Settles Lawsuit Against StockX Over NFTs, Counterfeiting
Nike Settles Lawsuit Against StockX Over NFTs, Counterfeiting Nike, the renowned sportswear giant, has recently made headlines with the settlement of a trademark lawsuit against StockX, a popular online marketplace known for its authentication services and trading of sneakers. The resolution of this legal dispute, as documented in a filing in New York on Friday, […]
Sneaker Resale Isn’t the Business It Used To Be
Sneaker Resale Isn’t the Business It Used To Be Sneaker resale, once a booming industry with skyrocketing premiums and high demand, is now facing a significant downturn. The top brands in footwear, such as Nike, Adidas, and Jordan, have all experienced a decrease in resale value, leaving resellers in a challenging position. This shift has […]
StockX Faces Leadership Shift as Scott Cutler Steps Down
Scott Cutler, the CEO of StockX, has announced his resignation from the company, effective at the end of this year. This significant transition will see Greg Schwartz, StockX’s co-founder, president, and current COO, stepping into the role of CEO on January 1, 2024. The change occurs in response to challenging market conditions in the sneaker […]