Fewer than 80 employees with corporate roles are affected; the company did not disclose the number of staff members impacted in its Detroit office. Source: StockX issues another round of layoffs, the second since June The rash of layoffs at tech companies is reflective of topics of discussion by Prof. Scott Galloway of NYU Stern….
Last month in September I continued with my reopening of my Amazon Seller Central Marketplace account. By the end of October, I was shutting it down again. Although the numbers above show that I made $20,255.49 on 193 pairs shipped, this doesn’t tell the entire tale of Amazon as a marketplace. I continued using eBay…
September, as I BDS in August, is an analysis of three platforms. I relaunched my Amazon Seller Central account and continued using StockX. Inventory was slow in September so sales declined on StockX, but were still medio enough to provide a breakdown on surprising models and to provide a top 10. I decided to really…
I’ve been writing a post about eBay’s push to regain sellers. The first post can be found here: The Inherent Issue with eBay’s Big Push to Recapture it’s Sneaker Soul – JmksportStore-USA The second post is in video format and can be found here: The Inherent Issue with eBay’s Big Push to Recapture Its Sneaker…
I had 382 transactions in August 2021. The wholesale channel shifted as I didn’t want to take on inventory and sit on it for two weeks. The market moves quickly and I lost that wholesale deal. Accurate because I’m out of the biz for a while, doesn’t mean the world stops turning. In September, I’ve…
The Average Resale Price is going up. My average on the gross amount sold on StockX was $129.68. This number blows away previous resale averages which hovered between 98 and 107 dollars. Why did the price increase so much? As BDS above, Space Jam 2, LeBron 8 Retro releases like the South Beach and an…
This is the report for May 2021. I made a lot of adjustments in May. Access to my primary stream of shoes shifted. Stores still weren’t getting a lot of releases on time, but this doesn’t matter because with discounts being removed by stores like Foot Locker, and new restrictions being reinforced on buying limits,…
BEAVERTON, Ore., Sept. 22, 2020 — NIKE, Inc. (NYSE:NKE) today reported fiscal 2021 financial results for its first quarter ended August 31, 2020. Source: NIKE, Inc. Reports Fiscal 2021 First Quarter Results Typically, a company built on growth losing a percentage would cause worry. I’ve been stating since 2015 that Nike’s move towards DTC would…
Buy and sell authentic adidas shoes on StockX including the adidas Yeezy Boost 350 V2 Cinder and thousands of other sneakers with price data and release dates. Source: adidas Yeezy Boost 350 V2 Cinder Resellers are despised. They snatch up product before regular people can grab a pair for themselves. They use bots, connections with…
The marketplace Most zero selling fees for its North America seller community on any sneakers sold at $100 or more. Source: eBay Eliminates Sneaker Seller Fees for the First Time and Unveils New December Drop Series My immediate response is this is a dangerous game of attrition and eBay has chosen to use band aids…
Nobody knows sneakers better than the boutiques around the world that sell them. Source: Talking Shop: The Best Boutique Collabs From Atmos, Undefeated, and More I subscribed to Stadium Goods YouTube this morning. I typically overlook the channel and I kind of fall into the routine of clicking on Complex’s YouTube shows and I also…
This video is an introduction to a topic that was born from a dialogue on the shifting demographics of sneakerheads. While the initial topic was how marketing people are missing an opportunity due to a failure to understand that “sneakerheads” are no longer niche, it developed into a back and forth on recognizing brand…
I know a lot of people probably made a lot more money than I did using StockX. One of my peers did 40,000 dollars this year. This was not a big business year for me as most of my energy was devoted to getting AHN up and running correctly. I said in my first…
