Retail
June 9, 2023
In 2020, StockX opened an authentication center in Hong Kong and launched localized operations in mainland China. Image credit: Shutterstock
By Amirah Keaton
New metrics from a popular marketplace for secondhand luxury goods reveal the true extent of the industry’s issue with fakes.
{"ct":"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","iv":"475455ac83410b95cc0840a3d328f5d5","s":"ec0386146d659c67"}
Share your thoughts. Click here