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StockX is an online marketplace and clothing reseller, primarily of sneakers. Since November 2020, it has also opened up to electronic products [ 1 ] such as game consoles, smartphones and computer hardware.
Free Online Returns Are Ending. CNN Business reported that despite U.S. consumers have grown accustomed to free returns, a growing number of retailers are charging return fees, as returns are ...
Americans have grown accustomed to free returns, but a growing number of retailers are charging fees as returns squeeze retailers’ bottom lines. Macy’s, Abercrombie, J. Crew, H&M and other ...
StockX was jointly founded by Dan Gilbert, Greg Schwartz, Josh Luber and Chris Kaufman in 2015, with an emphasis on the sneaker resale market. [ 8 ] [ 9 ] Until mid-2019, Luber was the CEO of StockX. However, he stepped down from that role upon raising a Series C , $110 million round of venture capital funding at a $1 Billion valuation for the ...
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-store sales, while others have implemented a first come, first served model.
Meet the $465 million startup UPS acquired that helps solve the ‘free returns’ nightmare that Amazon fueled. Jason Del Rey. Updated August 22, 2024 at 5:01 PM. Courtesy of Happy Returns.
Scott Cutler (born 1969) is an American technology executive and is currently CEO of StockX. [1] Formerly the executive vice president and head of global listings at the New York Stock Exchange, he has been an executive at eBay since April 2015. [2]
StockX, which was valued at $3.8 billion, has become a leading hub of sneakerhead culture by providing an alternative destination for buyers and sellers who previously relied on eBay.