What is your opinion on creating listings internationally?

IMHO I think the best course of action may be to create a brand new listing for each country for the same product. Reason being, if something happens to your listing in one country your other country won’t be affected. ‘not putting all your eggs in one basket’ philosophy.

Is there any issue with doing this? What do you guys do to spread your risk?

Having separate listings for each country is a great idea. If you receive authenticity complaints or your listing gets taken down for any reason, the other countries won’t get affected.

But it will be far more difficult to manage stock or pricing. You will have to do this separately for each site.