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1. StockX, Founded in Detroit in 2016 Users: 5 million a month Social networks: 398,000 followers The gist: Buyers place bids and sellers submit asks for sneakers and other lifestyle goods On StockX, from Supreme hoodies to Louis Vuitton monogram bags. When they match, a transaction occurs automatically. The bottom line: Thanks to A-list investors […]

The Sneaker Resale Market’s Biggest Players

[Illustration: Marco Goran Romano]

BY Priya Rao1 minute read

1. StockX, Founded in Detroit in 2016

Users: 5 million a month

Social networks: 398,000 followers

The gist: Buyers place bids and sellers submit asks for sneakers and other lifestyle goods On StockX, from Supreme hoodies to Louis Vuitton monogram bags. When they match, a transaction occurs automatically.

The bottom line: Thanks to A-list investors like Eminem, Mark Wahlberg, Scooter Braun, and AOL’s Tim Armstrong, StockX has raised $7.5 million. It tops out at $1 million in sales daily, and projects more than $500 million in gross merchandise volume for 2018.

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