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Business Insider Latest Story Image
2 mins read

Sneaker resale platform StockX says it turned away $100 million in fake items in 2022

The new data follows StockX's attempts to win back consumer trust in its verification process for s…

Danni Santana   


Business Insider Latest Story Image
4 mins read

This reseller's side hustle started as a way to get his family out of debt. Now he's made over $1.4 million on StockX by working around 10 hours a month.

Ray Cao began reselling sneakers at 17 years old to help pay down $200,000 in family debt from bad …

Danni Santana   


Business Insider Latest Story Image
3 mins read

The pandemic accelerated online retailers' need for customer data, and platforms like Shopify and TikTok made it easier to acquire

Retailers like Peloton and Dollar General know that customer data is the key to building brand loya…

Danni Santana   


Business Insider Latest Story Image
1 min read

These are the most popular sneakers on resale sites - and how much you can make for each one

StockX works as a middle man for sellers and customers, and the company authenticates all sneakers …

Aleeya Mayo   


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3 mins read

StockX co-founder believes open dialogue and a variety of team-building experiences is fueling its culture of innovation

"We've always encouraged our team to bring new ideas to the table and to not be afraid to fail," Gr…

DeArbea Walker   


Business Insider Latest Story Image
1 min read

The State of New York is auctioning a signed Michael Jordan Bulls jersey, 188 pairs of sneakers, and other seized memorabilia

According to local publication Democrat & Chronicle, the government agency is auctioning off 188 pa…

Barbara Smith   


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3 mins read

Delays in StockX's authentication centers are causing some people to wait weeks for their orders and payouts — and the sneaker community is furious

Users of the leading sneaker and streetwear resale platform have voiced their frustrations with bei…

Shoshy Ciment   


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5 mins read

NFTs are the new crypto wild west — artists and brands with big pockets are the only ones who can afford to fight back

Nike has filed a lawsuit against StockX for selling non-fungible tokens (NFTs) with its branding wi…

Business Insider Latest Story Image
3 mins read

The controversial Ben & Jerry's-themed Nike SB Dunk sneaker is already reselling for thousands the day after it dropped

The "Chunky Dunky" sneakers, though a hit, were divisive in the sneaker community, especially among…

Shoshy Ciment   


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4 mins read

The Drive-Thru: StockX faces a coronavirus crisis, TJ Maxx and Ross cause problems, and restaurants reopen

We've made it through another week. Read on for all the news you may have missed on retail, restaur…

Kate Taylor   


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3 mins read

A major sneaker resale platform valued at $1 billion has laid off around 100 employees

"The layoffs are meant to ensure long-term sustainability," StockX Cutler wrote in a blog post rega…

Shoshy Ciment   


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3 mins read

StockX newest fee hike reveals why sneakerheads are pivoting to other resale platforms like eBay and Instagram to buy and sell sneakers

Some high-level sneaker resellers have been known to stay away from StockX because of its hefty fee…

Shoshy Ciment   


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3 mins read

Nike is shuffling executives and searching for its next 'breakthrough innovation' as unwanted Air Maxes and Air Jordans pile up

Nike is working to develop the next "breakthrough innovation" as analysts say its product line has …

Matthew Kish,Danni Santana   


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3 mins read

Nike is putting its SNKRS app and fans' patience to the test again with this popular Jordan 1 restock

A "Lost & Found" restock does not guarantee the thousands of people who missed out in November will…

Danni Santana   


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2 mins read

MSCHF's latest release is a double-ended sneaker that makes fun of our obsession with putting shoes on fast

The MSCHF BWD shoe can be put on the conventional way or backwards through the toe box of the sneak…

Danni Santana   


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1 min read

Is this the sneaker Gen Z has been asking for? Nike seems to think so.

Nike is releasing the Air Max Pulse next week, a brand new sneaker silhouette joining the Air Max f…

Danni Santana   


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2 mins read

Nearly 140,000 PlayStation 5 consoles have been sold by re-sellers on StockX, a popular shoe resale website

Sony has sold nearly 8 million PlayStation 5 consoles already, and re-sellers account for hundreds …

Ben Gilbert   


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2 mins read

Adidas CEO warns donating Yeezys could backfire as the company struggles to get rid of its $1.3 billion stockpile

Adidas CEO Bjørn Gulden has many options for what to do about its Yeezy inventory, though none are …

Danni Santana   


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2 mins read

The Nike and Tiffany & Co. sneaker release is the perfect example of what's wrong with buying popular shoes right now

For die-hard Tiffany fans newly introduced to sneaker culture, it was a rude awakening about how mo…

Danni Santana   


Business Insider Latest Story Image
2 mins read

Nike, loaded with new products, is already reaping the benefits of Adidas' struggles after the abrupt end of its Yeezy business

Nike's easy dominance of hyped sneaker releases in February is a sign of things to come as Adidas d…

Danni Santana