By Sahil Patel Updated Sept. 11, 2019 5:57 pm ET Online sneaker marketplace StockX LLC has struck an advertising deal with WarnerMedia’s Bleacher Report as it seeks to step up its marketing efforts in an increasingly competitive business.
StockX is paying Bleacher Report an undisclosed fee and will share revenue from any sales to visitors who arrive via a Bleacher Report link, according to executives from Bleacher Report and StockX. Sneaker resale is becoming a fiercely contested market as a raft of sites vie to cater to often-young shoppers who collect rare merchandise and try to sell it at a markup online.The growth has fueled new funding. In February, Foot Locker Inc. said it was investing $100 million in Goat Group, an online sneaker reseller. Last December, Farfetch Ltd. said it was acquiring Stadium Goods in a deal valued at $250 million.
Bleacher Report’s Kicks franchise has 1.3 million followers on Instagram, with celebrity followers including LeBron James, Kevin Durant and Justin Timberlake.
Uh...what? A sneaker marketplace? Like a store?
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
The Hottest New Shoes for Running and Wearing All DayWe're constantly updating this list with the hottest new shoes you can get right now! 🔥 Does anyone collect the data on the injury rates of users of these shoes?
Source: runnersworld - 🏆 19. / 71 Read more »
Trade rep sends responses on revised NAFTA deal to DemocratsU.S. Trade Representative Robert Lighthizer formally responded to House Democrats’ concerns about the new North American trade agreement today, marking a step forward in negotiations between the Trump administration and Capitol Hill
Source: politico - 🏆 381. / 59 Read more »
27 of the Best Boots, Sneakers, and Heels Walking New York Fashion WeekFrom minimalist sandals to futuristic OTK boots, get in step with NYFW.
Source: ELLE Magazine (US) - 🏆 472. / 51 Read more »
The Nike Daybreak Is Women’s Running History You Can Wear TodayThe retro sneaker took home Olympic gold in 1984 on the feet of Joan Benoit Samuelson.
Source: runnersworld - 🏆 19. / 71 Read more »
France warns Britain against seeking bilateral Brexit deals with EU countriesFrance warned Britain on Wednesday against trying to bypass the European Commiss... And EU will do what? f*ck off France ............... its going to happen It’s like a street gang. Once you’re in...
Source: Reuters - 🏆 2. / 97 Read more »
https://people.comGet the latest news about celebrities, royals, music, TV, and real people. Find exclusive content, including photos and videos, on PEOPLE.com. 🙄 is football season pizza season, gee what with the deal with the food wars we just finished a dumb ass chicken sandwich rush now pizza, sad and there kids being denied school lunch for 9.00 Ron's always coming through in the clutch. UpgradeTheWayYouPizza BlazeBigger
Source: people - 🏆 712. / 51 Read more »