They say capitalism breeds innovation. But in the sneaker world, that innovation has translated into people buying coveted pairs from Nike, Adidas, and other brands, only to sell them at a markup ...
A few years ago, sneakerheads—both seasoned and green—were printing money. Teenagers were opening stores at vacated malls, while longtime collectors were treating Foot Locker like a wholesaler. “I’d ...
In 2020, two teens separately started buying select sneakers and reselling them online. They found each other through the online marketplace, discovered they live in the same city and recently decided ...
Add Yahoo as a preferred source to see more of our stories on Google. Much has been made about the hyped sneaker’s so-called demise and its impact on resale. For sure, fewer styles are selling out at ...
Read the full story: Sneakers generated $70B last year. Black retailers saw little of that. Just as brokers snatch up concert tickets and resell them for exorbitant prices, sneaker resellers have ...
The sneaker reselling industry is valued at more than $60 million. Resellers turn to companies like StockX when they need to flip sneakers. These are the top 20 most resold shoes on StockX and their ...
In a statement, Nike said Ann Hebert 'disclosed relevant information' to Nike. A high-ranking Nike executive is facing criticism over connections to a sizable sneaker reselling business. Bloomberg ...
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