Supported by reselling platforms such as StockX and GOAT, anyone with access to the Internet could resell sneakers and earn a significant profit. However, within the last year, profit margins for sneaker resellers have decreased across the board, a trend that has negatively affected the sneaker community and ultimately pushed away prospective sneakerheads from entering the resell game.
All the data is pointing to a significant decline in sales revenue and demand, signaling that a similar end to that of Toys R Us is near for many toy manufacturers. Or is it? The toy industry is still raking in more than 20.7 billion dollars in sales a year, which begs the question: is the toy industry actually in danger?
Nowadays, it seems like you can buy anything online. A single click of a button could result in an excellent purchase, or may well be money flushed down the drain. This read offers a fresh perspective towards online shopping, including the integration of blockchain to create transparency.
Buying clothes secondhand was once heavily stigmatized, as many thought used goods were only bought by those who couldn’t afford anything else. Most people were repulsed by the idea of wearing clothes that someone else had worn. But throughout the past century, this stigma has essentially disappeared, due greatly in part to the emergence of thrift shops. Something that thrift shops offer that other fashion sources don’t is the experience: the whole notion of bargain hunting can make you feel as if you’re Indiana Jones, searching for the Lost Ark.