Realize those Slack sneakers look best in the box? You could find a second home for them outside the U.S.
In the world of secondhand sneakers, international shoppers are the GOAT, according to StockX’s latest resale report.
- StockX projects the global sneaker resale market will reach $30 billion by 2030. $19 billion will be generated outside the U.S.
- Growth’s already underway: This year, non-U.S. transactions on StockX rose 260%.
Why it matters: The already accelerating sneaker resale market has hit warp speed in 2020. These figures are a sign that resale apps can and should update their shipping capabilities to reach diverse markets. The U.S. brands fetching astronomical resale values abroad (hi, Air Jordan) should increase their international presence, too.
Where to start? Try Japan, Germany, France, Italy, and the U.K.—some of the hottest markets by StockX’s measure.
Via Morning Brew