StockX's Luxury Resale Dominance: Can Everday Sneakers Step Up?
Sneaker rental platform Kyx World learned a hard lesson in January. Demand for its shoes dropped, and it had to abruptly cease operations just a month after…
Source: biztoc.com
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Kyx Relaunches as Sneaker Resale Site Months After Abruptly Closing – Footwear News
Months after Kyx World abruptly ceased operations in late December, the company is back as a used sneaker resale platform with new leadership.
Source: footwearnews.com
New shopping platforms aim to make sneakers more accessible – Glossy
JUN 01, 2021 Being into sneakers is an expensive hobby. It involves fighting bots to gain access to new releases on the day they drop or spending hundreds, or even thousands, above retail value by going through a reseller the next day. It’s a problem that could limit the growth of the segment. While the exclusivity and limited availability of sneakers have driven massive sales over the last five years, making sneakers an $80 billion market, they’ve also risked alienating more casual consumers. So now, new sneaker and streetwear platforms are challenging the ide...
Source: glossy.co