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":"8bbfdf6e82a9b054fbe411df21395eaa","s":"33a6480f28c77c0b"}
Share your thoughts. Click here