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Sneakers are resold for prices that can exceed 10x return on the most coveted, low-production releases. [3] [33] In the 2010s, the sneaker market expanded into online retailing and auction sites. Some retailers have implemented a raffle system for online and in-store sales, while others have implemented a first come, first served model.
GOAT is an American online platform offering sneakers, streetwear, luxury apparel and accessories through the primary and resale markets. Founded in 2015, GOAT has 50 million members and over 1,000,000 sellers across 170 countries on its platform.
Sole Collector was founded in 2003 by Steve Mulholland, Alex Wang, and Nicole Fesette as a print magazine aimed at providing young males a report of the latest in sneaker culture. [2] Its origins reach back to 1999 when Mulholland created Instyleshoes.com which was both a forum and web store. [2]
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The Webster (also known as The Webster Miami) is a luxury multi-brand fashion house operating ten physical boutiques in the U.S. and an online store. [1] The multi-brand boutique sells designer brands (Balmain, Celine, Chanel, Dior, Givenchy, Yves Saint Laurent) and many others. [2]
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