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Trading cards exploded during pandemic thanks to resellers, collectors

Sales of sports and gaming cards exploded on StockX, Mercari, and eBay in 2020.
Experts say a nostalgia factor associated with certain cards encouraged the category s growth.
Trading cards can also be a softer entry into investing for novice investors.
Trading cards have been around for decades. But now, the industry is undergoing a resale renaissance.
Across the board, sales for sports and gaming cards exploded in 2020. eBay sold more than 4 million more sports, non-sport trading cards, and collectible card games in 2020 than in 2019, resulting in a 142% surge in domestic sales in the category.
Sales were also up 4,000% in 2020 on StockX, a resale platform dedicated mainly to sneakers and streetwear. On Mercari, another e-commerce marketplace, trading cards saw a 405% year-over-year increase in orders placed in January 2021. ....

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Auckland, Grey Lynn home sells for $755,000 profit in seven months

Auckland, Grey Lynn home sells for $755,000 profit in seven months
13 Mar, 2021 04:00 PM
4 minutes to read
This Grey Lynn house resold earlier this week for a profit of about $100,000 a month higher than its previous sale in August. Photo / Supplied
Ben Leahy is a reporter for the New Zealand HeraldBen.Leahy@nzherald.co.nz
An Auckland villa bought last August has just been resold for a $755,000 resale jump - netting its owners more than $100,000 in capital gains per month.
The three-bedroom Grey Lynn home at 3 Schofield St sold at auction for $2.55 million on Wednesday as house prices continued to skyrocket.
The owners earlier paid $1.825m for the villa in August, with marketing photos from the time appearing to show little had been done to improve the property leading up to its incredible resale profit. ....

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Nike sees a sneaker resale reckoning after fueling the hype for years

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Nike s ill-defined relationship with the resale community is becoming increasingly fraught.
A Nike exec resigned last week after she was tied to her son s lucrative sneaker resale business.
Insiders said Nike might ignore dubious behavior if it means a sneaker will do well at resale.
The sudden departure of one of Nike s senior executives is calling the company s connection to the resale world into question.
Nike s vice president and general manager for its North America division, Ann Hebert, resigned last week after a report highlighted her ties to her son s lucrative sneaker resale business. Bloomberg Businessweek reported on February 25 that Hebert s 19-year-old son used her credit card to buy over $100,000 worth of limited-edition sneakers for reselling. ....

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The Sudden Growth Of Secondhand And The Online Resale Market

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The Sudden Growth Of Secondhand And The Online Resale Market
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In its most recent 2020
Resale Report, Thredup shared insights from contrasting consumer perspectives:
that of pre-covid, and that of post. The data confirmed two trends the
further acceleration of online shopping (expanding the opportunities of e-commerce
and marketplace businesses) as well as the sudden value placed on quality over
quantity of goods, thus enticing consumers towards the world of secondhand and
resale shopping. ....

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Nike exec steps down after report on son's sneaker resale business

An executive at Nike who spent more than two decades with the athletic company resigned this week, a few days after a report made public her son’s sneaker resale business. ....

United States , Ann Hebert , Joe Hebert , Washington Post , American Express , Nike North , West Coast , Coast Streetwear , West Coast Streetwear , ஒன்றுபட்டது மாநிலங்களில் , ஆண்டு ஹெபர்ட் , ஓஹோ ஹெபர்ட் , வாஷிங்டன் போஸ்ட் , அமெரிக்கன் எக்ஸ்பிரஸ் , நைக் வடக்கு , மேற்கு கடற்கரை , கடற்கரை தெரு ஆடைகள் , மேற்கு கடற்கரை தெரு ஆடைகள் ,