StockX news and archive

Over 1 billion dollars - that’s how much sneaker companies raised in 2021

The figures speak for themselves - the sneaker business is still booming. More than 1.5 billion US-dollars were raised by sneaker companies this year. The green sneaker label Allbirds is just the latest example. So who are the other companies that have benefited from fresh funding? 4 million The sneaker investment app Rares is based on an idea...

Fashion Featured

Nike tops list of highest performing sneaker brands at resale

Sneakers dominate the resale market, that much we know, but which styles and brands are the stars, yielding the biggest return on the original investment? A new study by Money.co.uk, a London-based price comparison site, which collected data from the Stock X website and used the average change in price premium to determine how certain products...

CultureFeatured

Design Museum to place spotlight on sneakers with new exhibition

The Design Museum in London is launching its long-awaited exhibition focusing on sneakers this April, featuring designs by Nike, Adidas, Puma, Converse, Balenciaga, Comme des Garcons and Y3, Kanye West and A-Cold-Wall*. ‘Sneakers Unboxed: Studio to Street’ will take visitors on a journey through the design process and uncover the icons and...

BusinessFeatured

StockX reports record growth in 2020 after closing 7.5 million trades

StockX, the global resale platform for sneakers, streetwear and collectables, reports making 1.8 billion US dollars in gross merchandise value, as it closes more than 7.5 million trades in 2020. The record growth follows a 275 million US dollar Series E funding round announced in December 2020, led by Tiger Global, which valued the platform at...

Fashion

Lyst x StockX ranking: those were the Top 10 sneakers of 2020

Fashion search engine Lyst and resale platform StockX have teamed up for their ranking of the most popular sneakers of 2020 and compiled their Top 10 Sneakers of 2020 list based on searches on Lyst and resales via StockX. Without wanting to give too much away, let us just note that Nike dominates the list and that Adidas’ Yeezy Boost 350 is not...

Fashion

StockX Year in Review: the best-selling sneakers and streetwear 2020

Luxury goods marketplace StockX has published its 2020 Year in Review shortly before the end of the year. Here are some highlights of the best-selling sneakers, streetwear and collectibles 2020: Crocs are back, their sales increased by 750 percent on StockX. Nike spent 400,000 US dollars developing its Space Hippie line and succeeded: the Nike...

Fashion

Heron Preston to launch orange toothpaste

Fashion designer Heron Preston, synonymous with streetwear, is teaming up model Kendall Jenner and her oral beauty brand, Moon on an exclusive product to be released in partnership with global resale marketplace StockX. Preston has reimagined Moon’s Stain Removal Fluoride-Free Whitening Paste with his signature carrot-orange hue to create a...

BusinessFeatured

StockX wants to accelerate its sales in Europe

In these uncertain times, is it better to invest in gold or sneakers? StockX, the American platform that offers sneakers sold through auction, was inspired by stock market speculation. Over the last year, sales on the platform outside the US have increased by 260 percent. In the third quarter of 2020, according to its just-released report,...

People

StockX appoints chief people officer

Detroit-based fashion tech company StockX today announced it has expanded its executive leadership team with the appointment of Leander LeSure as its first-ever global Chief People Officer. This is the fifth executive appointment from CEO Scott Cutler since he joined the StockX team in June 2019. “As StockX scales globally, so will our team....

BusinessFeatured

StockX quarterly report shows Asia and EU driving demand

StockX, the global resale platform for sneakers, streetwear and collectables, has revealed that strong growth across the sector is being driven by international demand, particularly from Asia and Europe. In its quarterly review, StockX states that the resale market is currently bucking global economic trends and has a projected growth of 15-20...

Fashion

StockX partners with Jackson Wang on its latest IPO

StockX, the online resale marketplace for sneakers, apparel, accessories, and collectables, is teaming up with Chinese pop artist Jackson Wang for its latest initial product offering (IPO). The Team Wang IPO will drop exclusive Team Wang capsule packs from the popstar’s recently debut capsule collection in a new clean-white colourway, which will...

Fashion Featured

StockX launches product release model ‘DropX’

StockX, the online resale marketplace for sneakers, apparel, accessories, and collectables, is adopting the drop model with a new product launch concept called ‘DropX’. The new direct-to-consumer product release method has been designed to allow brands to launch or auction products, while offering StockX members exclusive access. Designed to...