RC’s Top Streetwear & Sneaker Resale Platforms For 2018
We take a look at some of the best streetwear resale and sneaker resale websites that are leading the way in the $1 billion industry.
The streetwear resale and sneaker resale industry has turned into a global commodity trade phenomenon in recent years, now estimated to be worth a staggering $1 billion. What was once a way of making a living from a fascination of collecting highly sought after sneaker drops has turned into a craze you can now read about in Forbes Magazine. Like with the majority of any traded goods, money rules the roost, with the latest streetwear and sneaker drops now viewed the same as a financial investment of stock from a pharmaceutical company merger. Nowadays the resale platforms are as big as the original retailers of the stock itself, with the resale industry set to grow further into the billions over the coming years.
Sneaker enthusiasts have been collecting trainers since they really made an impact from the 1980s onward. For example in the North West of England, adidas collectors have obsessed with taking every colour of a certain 3 stripes trainer, then there’s the East Coast of the US where Supreme obsessed collectors have scoured for years to find the first North Face collaboration from 2007. What has changed in more recent years is our access to this information.
You only have to own an instagram account nowadays to see how many sneaker drops are available on a daily basis. Some claiming to be the most exclusive ever whilst some have already sold out before they are even released. Streetwear and sneaker collecting from the 90s involved going to Los Angeles or Tokyo for example and meeting with a collector themselves and negotiating a price face to face. Now its done through a click of a button with a growing number of resale sites leading the way in the booming billion dollar industry. We take a look at some of the top sites in the resale business.
Launched in 2014 Grailed has arguably become one of the most recognised resale platforms in recent years. Going with the concept of trying to find some items is the equivalent of searching for the Holy Grail, the curated community marketplace aims to offer high end designer clothing affordable to everyone. Although resale values on the site can fetch up to 5 times their original retail value.
When you land on StockX its just like landing on a financial stock market platform which is exactly what it is, although its sneakers and streetwear which is the traded commodity. Instead of items which can be listed, bought & sold, items such as the recent Sean Wotherspoon x Nike Air Max 1/97 are listed with a value showing their recent price fluctuation. A buy/bid is also listed as well as sell/ask option showing the sneakers recent volatility, 52 week high and trade range. StockX has revolutionised the streetwear and sneaker resale industry with a clear cut platform highlighting the financial significance of the business.
Cop Vs Drop
Cop Vs Drop is a Manhattan based platform that specialises in highly sought after streetwear labels such as Supreme, Palace Skateboards, Nike Jordan & Anti Social Club. Operating from their own store in East Village, Manhattan, sellers can list their stock on the website for a 20% commission fee to buyers from all over the world.
Bump is a relatively new app for iOS which goes with the concept of been able to ‘safely buy and sell streetwear for your phone’. Targeted at the new millennial generation where apps are now taking over traditional websites, Bump’s website serves as a mere page link to the app where buyers and sellers can communicate through the app to find brands such as Patta, Supreme, Yeezy, Kith & BAPE.
Ebay started way back in 1995 and was one of the original auction platforms of the dotcome bubble. The platform now operates in over 30 countries and is still arguably one of the biggest and fastest growing platforms on the entire planet. Although not geared up specifically for the niche market of streetwear and sneakers, Ebay’s marketplace for the two is massive, with things like OFF-WHITE x Nike and Stone Island x Supreme a popular search term.
Depop describe themselves as a community of stylists, designers, artists, shops, collectors, vintage sellers, wardrobe hoarders and sneakerheads. Again more focused around its app which is available on both iOS and Android, Depop offers everything from rare Supreme finds to vintage Ralph Lauren.
Kixify was founded by Furqan Khan in 2013 and is now recognised as one of the top sneaker resale platforms where you can find hard to find sneakers as well as listing your beloved kicks. Khan has received recognition from Forbes Magazine as well as media coverage from the likes of CNBC & The Wall Street Journal.