This year has brought about a series of unfortunate headlines for the Detroit-based resale marketplace.<\/p>\n\n\n\n
Just weeks after tapping Goldman Sachs and Morgan Stanley to work on the company’s IPO in early January, the company found itself embroiled in a lawsuit<\/a> with sportswear juggernaut Nike taking issue with StockX’s NFT offering. A few rounds of responses<\/a> and new claims between Nike and StockX have been anything but helpful for the public image of the company – especially when Nike called into question the effectiveness of their authenticity verification program<\/a>.<\/p>\n\n\n\n This morning Snkrs Day received messages from a handful of employees that there was a round of layoffs at StockX across several divisions within the company.<\/p>\n\n\n\n