StockX

Workhorse Group, Inc. (NASDAQ: WKHS) is seeking additional patent protection for its truck-mounted Horsefly delivery drone because customers say touchless delivery will carry over beyond the coronavirus pandemic to life after the health crisis. "In the last several months we have seen significant...

Antonio Brown continues to dominate headlines amid the start of the NFL season. The latest news? Nike Inc (NYSE: NKE) says Brown is no longer a Nike endorser. "Antonio Brown is not a Nike athlete," a company spokesperson told The Boston Globe. The spokesperson didn't elaborate, but...

As 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...

The rise of sneaker and luxury resale platforms in recent years has many consumers looking at shoes as investments as much as fashion or footwear. The commoditization of sneakers has given rise to several resale platforms that are raising capital. Two of them, Detroit-based StockX and China-based...

StockX, 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-...

The hype around sneakers is at an all-time high. The industry has been buzzing for years, evidenced by the rise of sneaker resale platforms, two of which, StockX and Poison, just hit unicorn status; the entrance of luxury brands; and growing interest in sneakers within womens fashion....

Calling all fans of Ben Baller and slide sandals: Get your bids ready. StockX, the Detroit-based “Stock Market Of Things,” announced a new IPO Tuesday, their latest offering of a limited-edition consumer product. This time, StockX has teamed up with cultural figure and entrepreneur Ben...

The 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, 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...

The 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 [...

Is 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 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...

StockX’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...

Old 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...

When StockX, the stock market for sneaker resales, launched in February, CEO Josh Luber hinted the platform could eventually be used to sell more than just sneakers. That day has finally come, and it’s coming in extravagant fashion. The company announced today that it will host what it...