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

Register for the Feb. 17 webinar, De-Risking Supply Chains Through Nearshoring, today to learn how to realize the benefits of localizing supply chains from factories that are helping brands successfully produce in the U.S.

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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