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Footwear News Sourcing Journal
2023 EVENTS ANNOUNCED Save these dates

authentication

Sarah Davis, Founder/ President, Fashionphile, Molly Taylor, Chief Merchant, Saks OFF 5TH, Emily Erkel, Co-Founder, LePrix

NRF 2023: Saks Off 5th Says Resale ‘Not Just a Trend, it’s a Lifestyle’

The annual sale of counterfeit goods - which range from compact discs to sneakers and medicine - is about $540 billion, according to estimates from the World Customs Organization. Industry executives believe luxury goods account for about 5 percent of that number and whilst relatively small, the trade upsets luxury goods companies because they feel it cheapens their reputation for quality and exclusivity.

The Wild, Wild West of Counterfeit Authentication

Sneaker trading platform Tradeblock has raised more than $8.9 million dollars in a Seed II funding from investment partners Courtside VC, Trinity Ventures and Concrete Rose Capital.

Why Former Nike and Jordan Brand Execs Backed This Sneaker Trading App

Poshmark is still trying to find the path to profitability.

Poshmark Tweaking Authentication Threshold This Year

eBay is upping transaction fees on sneaker sales worth more than $100.

New Fees Ahead for eBay Sneaker Sellers

All sneaker styles sold in the U.S. for over $100 will be vetted by third-party authenticators.

eBay Invests in Sneaker Authentication

Entrupy is beta testing its Entrupy Sneaker Authentication app

Entrupy Beta Tests Sneaker Authentication

Fashion resale platform Poshmark acquired Suede One, which uses a technology-enabled inventoryless approach to authentication.

Poshmark’s Now in the Sneaker Authentication Business

StockX is opening an authentication center in Melbourne, cutting shipping times and fees for Australian sneaker resale buyers and sellers.

StockX’s New Authentication Center Helps Aussie Shoppers Skirt Supply Chain Woes

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