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The startup company was founded by Dan Gilbert, Josh Luber, [7] Greg Schwartz, and Chris Kaufman in 2015, [8] and launched in February 2016. [9] [10] Luber had previously founded StockX's predecessor website about rare sneakers called Campless (established during 2012–2013), [11] [12] a site which was featured in Josh Luber's TED Talk on the sneaker market. [13]
Stadium Goods was founded in 2015 by John McPheters and Jed Stiller, who shared the role of CEO. [4] [5] In August 2016, Stadium Goods entered the Chinese market through partnership with Alibaba's Tmall, a platform for businesses to sell brand name goods to consumers based in China. [6]
The world of sneaker reselling is bigger than ever, valued at more than $60 million, and experts say it's only getting bigger. These are the most popular sneakers on resale sites - and how much ...
GOAT implements a ship-to-verify model that uses machine learning and human review to verify the authenticity of the sneakers on its platform. [7] In 2019, the platform expanded into new markets and categories to offer luxury and streetwear apparel and accessories.
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Sneakers have some of the highest resale multiples among retail consumer goods. Sneakers are resold for prices that can exceed 10x return on the most coveted, low-production releases. [3] [34] In the 2010s, the sneaker market expanded into online retailing and auction sites. Some retailers have implemented a raffle system for online and in ...
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