StockX Opens First Location in NYC, Announces Collectibles Vertical
As the “stock market of things,” StockX is now opening its first permanent brick-and-mortar location, in New York City. At its core, StockX operates around true market pricing, which allowed the company to claim the title as “the largest marketplace in the world for sneakers and streetwear,” according to Josh Luber, chief executive officer and cofounder of StockX, in an interview with WWD. Handbags, watches and collectibles also carried by the marketplace — and now collectibles will receive new visibility in a dedicated category onsite. The launch of the collectibles vertical, the N.Y. location opening at 237 Lafayette Street and other news was announced May 16 at the company’s third annual StockX Day in Detroit. The gathering included over 250 of the platform’s “power users.” StockX’s is ticking away, as it expands its product verticals, opens physical locations and forges new “IPOs” — initial public offerings in this sense are akin to product collaborations. And many others are touting the title of “world’s largest sneaker marketplace” and racing forward with pop-up retail activations and expanded inventory, including Goat, a sneaker resale app, and Flight Club, a sneaker consignment store; which merged in February 2018. Foot Locker recently invested $100 million in Goat Group,Follow WWD on Twitter or become a fan on Facebook.
from WWDWWD http://bit.ly/2JzlenA
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