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China undoubtedly is the origin country of much of that. A special report on IP theft released by the U.S. Trade Representative in April—which named China as a primary perpetrator of IP theft—found that Mexico was one of the United  States’ major trading partners that did not have adequate border enforcement against counterfeit goods.In December 2017, a father and his two sons were arrested in Long Island, New York for purchasing fake goods from China and reselling them to vendors around the country—worth $25 million.They Nike Air Max 2017 Mujer purchased fake Gucci, Prada, Burberry, Louis Vuitton, and Rolex goods.Beth Goldstein, executive director and industry analyst for fashion footwear and accessories, told CNBC.Correction: This story has updated the number of employees and correction the  location of Adidas NMD Mujer StockX's office.It’s StockX Day in Detroit, and 150 sneakerheads from all over the world have descended upon the Motor City to check out the inner workings of a local company that is reshaping the online sneaker market.These sneaker-lovers are wearing all manner of spiffy, spotless Nike Air Max 95 Womens kicks, from rare Air Jordan and Yeezy models to Sean Wotherspoon Air Max 97s (which run upward of $600 a pair) to the “Off-White” Jordan 1s (yours for around $2,000).

Gilbert, who wears a pair of sensible leather boots, said he doesn’t want to look like he’s trying too hard to be cool. He  should probably start wearing LeBrons, the Cleveland Cavaliers owner jokes, but it doesn’t work if it’s not authentic.Authenticity is the key to the success of StockX. The website, which counts Eminem and Mark Wahlberg as investors, is currently doing more than $2 million Nike Internationalist Femme in sales a day, a number which equates to more than $700 million a year. That number is soon expected to top $1 billion in yearly sales.Not bad for a website that recently celebrated its second birthday.“The growth of this company has been phenomenal,” said Josh Luber, CEO Nike Air Presto Donneand co-founder, in StockX’s 10th-floor office inside One Campus Martius. Luber, 40, is wearing a hoodie, a backward Detroit Tigers hat and Air Jordan 1s. Not the typical uniform for a CEO.But StockX is not a typical company, and it has the numbers to back it. The company boasts around 300 employees,  up about 30 from two months ago. The company currently has 50 job openings and is rapidly outgrowing its physical space.A tour through the lively StockX warehouse, which processes 7,000 to 10,000 orders a day, shows there’s not much room to expand without spilling Nike Air Max 98 Womens onto the street. “We should be out of here already,” Luber said.

To understand the phenomenon of StockX, one must first understand the site. On a base level, it connects buyers and sellers of goods — sneakers, streetwear, handbags and watches are the items StockX currently Nike Air Max Zero Femme sells — much like eBay.Unlike eBay, where users ship items directly to one another, StockX acts as a literal middleman in the transaction. Sellers ship to one of three warehouses — two in Detroit, one in Tempe, Arizona — and experts verify the item with a green seal of authenticity before moving it on to Nike Air Max Classic BW Femme buyers.That stamp of approval is especially important in the sneaker and streetwear markets, where counterfeits thrive. So when you buy from StockX, you know you’re getting the real deal.Because StockX has become the de facto home for online sneaker sales, it is www.rockstarbodies.co.uk instrumental in determining the market value for a pair of kicks. Air Jordans typically carry a retail price tag of $160-$220, but supply and demand dictate a shoe’s true value, which is why some pairs sell for more than 10 times their retail price. And those prices  rise  and fall, just like a stock market. Hence, StockX.