-
Building The IP: Gary Vee's VeeFriends Lands Fanatics Trading Card Collaboration And Shares Series 2 Details
Tuesday, March 8, 2022 - 6:57pm | 839Entrepreneur Gary Vaynerchuk (aka Gary Vee) shared details of the second series of the VeeFriends NFT collection and announced a new partnership with Fanatics. Fanatics Partnership: The sports apparel and trading card company announced the launch of zerocool, a new trading card...
-
MLB Drops Topps After 70 Years, Trading Card SPAC Deal Terminated
Friday, August 20, 2021 - 10:32am | 769One of the most talked about SPAC deals in the sports world has been terminated and will not go through as originally agreed upon. What Happened: Topps, the iconic trading card company that started producing Major League Baseball (MLB) cards in 1951, was set to go public once again with a $1.3...
-
Kickin' Game With Kevin Irwin, The Experience Manager Of StockX
Thursday, August 1, 2019 - 2:43pm | 1030As the popularity of Nike’s (NYSE: NKE) Air Jordans soared throughout the 2000s, people waited for days at a time just for a chance to cop the highly coveted kicks. If you were one of the unlucky souls left without a pair of new sneakers at retail, you had two options: suffer the inflated...
-
StockX Reaches $1B Valuation, Latest VC Funding Round The Largest Ever For A Michigan Company
Wednesday, June 26, 2019 - 8:21am | 506StockX, a Detroit-based company that operates a "stock market of things" business, finalized a Series C financing round at a valuation north of $1 billion. What To Know StockX was launched in 2016 and facilitates buying and selling of sneakers, watches, handbags and streetwear. The real-...
-
Cowen: StockX's Influence In Footwear Is Accelerating After $44M Funding Round
Tuesday, October 16, 2018 - 4:09pm | 484The influence of the Detroit-based sneaker marketplace StockX in footwear is accelerating, according to Cowen. StockX recently raised $44 million in Series B funding, which increases its potential for marketplace disruption, analyst John Kernan said in a Monday note. The funding round,...
-
Detroit Startup StockX, In 'Hypergrowth' Phase, Closes On Record $44M Series B Funding Round
Wednesday, September 12, 2018 - 8:58pm | 665Detroit startup StockX, which has pioneered a stock market for sneakers and IPOs for consumer goods and charities, announced a $44-million Series B funding round Wednesday led by Alphabet Inc (NASDAQ: GOOGL) (NASDAQ: GOOG)'s Google Ventures and Battery Ventures. Benzinga has covered...
-
StockX, AutoBooks CEOs Talk Tech In The Motor City At Detroit Fintech Association Gathering
Wednesday, May 30, 2018 - 9:36am | 862The newly formed Detroit Fintech Association has a threefold mission: networking and job placement; attracting tech workers and companies to Detroit; and mentoring students in financial literacy and investing. “There are financial technology companies all over the country. A lot in New York [...
-
StockX CEO Josh Luber: 'Maybe One Day You Can Invest In The Jordan Index Instead Of The Dow'
Wednesday, May 16, 2018 - 1:14pm | 731Is it possible that, one day, someone would invest in an index of Michael Jordan shoes as opposed to commodities on the New York Stock Exchange? According to Josh Luber, this could be the future of investing. The CEO and co-founder of Detroit-based StockX spoke Wednesday morning at the 2018...
-
StockX Teams Up With The Wu-Tang Clan To Launch A 'Charity IPO'
Wednesday, March 14, 2018 - 4:23pm | 434StockX and The Wu-Tang Clan are partnering for a good cause. The sneaker stock market platform and legendary hip-hop group are teaming up for a charitable IPO under the code name "C.R.E.A.M." — or Charity Rules Everything Around Me. The IPO, which kicked off Tuesday...
-
Detroit-Based StockX, Shinola Partner On Watch IPO
Saturday, November 11, 2017 - 2:00pm | 1021StockX’s third initial public offering for limited-edition consumer products is underway. The “stock market of things” partnered with fellow Detroit firm Shinola to launch the watchmaker’s first automatic timepiece. Five prototypes of the brand’s 500 Lake Erie Monster...
-
How Old Sneakers Have Created A $1.2 Billion Market
Wednesday, August 24, 2016 - 9:41am | 285Old shoes are far from being "old hat," as the demand for older sneakers remains strong. The sneaker resale market is worth $1.2 billion and has existed for the past 30 years, StockX CEO Josh Luber recently told Fortune. In 2014, Nike Inc (NYSE: NKE) joined the resale market and captured major...
-
Adidas Is Finally Figuring Out The North American Market
Wednesday, July 20, 2016 - 3:20pm | 503Despite all the talk about Nike Inc (NYSE: NKE) and Under Armour Inc (NYSE: UA)'s stock in the past year with all the endorsements and the height of the athleisure trend, it would be nearly impossible to predict that adidas AG (ADR) (OTC: ADDYY) was in fact dominating the competition from a...
-
Eminem Just Revealed His Latest Investment
Thursday, June 9, 2016 - 12:30pm | 372Eminem might have puked on his sweater in his come-up, but now that the platinum-selling rapper has established himself as a mogul, he’s looking to keep his sneakers fresh with a new investment. The artist (Marshall Mathers) revealed he and his longtime manager Paul Rosenberg will invest...