How StockX helped to make investment in sneakers – Quartz



[ad_1]

Every day, more than $ 3 million worth of goods pbad through StockX.com, an online retailer of luxury goods. About 75% of these are sneakers.

The shoes, but still in the new condition, exchange hands between sellers and buyers who will pay hundreds, even thousands, for rare shoes. A Jordan 1 pair from Nike's recent collaboration with Travis Scott, for example, regularly sells for more than $ 800, while in February, the average selling price of the Nike Mars Yard 2.0, created with artist Tom Sachs, was over $ 3,000. Meanwhile, a flood of stocks can drive down the price of a shoe, as was the case with other Jordanian models when Nike increased their distribution, and with Adidas Yeezy Boost 350 at Cream after the brand launched it in September.

Nike

The yard Mars 2.0.
[ad_2]
Source link