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":"93914a7b1062755e363c32180ea777f2","s":"4e2e980787e029fb"}
Share your thoughts. Click here