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":"b9f9c94e2f1e19266be4a161800786e1","s":"12444ff117c91535"}
Share your thoughts. Click here