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StockX’s $275 Million Raise Shows the Sneaker Game Is Big Business

The Rivet 50 is calling for nominations for leaders in the denim industry in 5 categories: design, influencer, leadership, sustainability and supply chain. Nominations close on May 23.

StockX has raised a $275 million Series E round that values the sneaker resale platform at $2.8 billion. The online marketplace, which bills itself as the stock market of things, said the funds will be used to accelerate global expansion, product innovation and category diversification. StockX processes sales in more than 200 countries and territories….

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