What Is StockX? We Explain Here
StockX is an online store and retailer of clothes, specialising in sneakers. It has also been made available to electronic products such gaming consoles, smartphones, and computer hardware as of November 2020. Dan Gilbert, Josh Luber, Greg Schwartz, and Chris Kaufman launched the Detroit-based business in 2015–2016. More than 800 people work for StockX in Downtown Detroit.
Beginning in 2015 Dan Gilbert, Josh Luber, Greg Schwartz, and Chris Kaufman founded the start-up company, which went live in February 2016. Luber moved from Philadelphia to work out of Gilbert’s One Campus Martius building in Downtown Detroit after Gilbert bought Campless from Luber. In October 2018, StockX established its first global headquarters in London.
As of August 2019, the firm employed more than 800 people. As of late 2018, StockX was one of the Detroit and Michigan start-ups with the fastest growth rates.
About 200 people attended the company’s first “StockX Day” event in Detroit in October 2017, which welcomed resellers, platform users, and business influencers to meet staff members and observe operations. In front of 300 attendees at its third “StockX Day” event in May 2019, the business unveiled many significant product enhancements as well as the opening of its first permanent location in New York City.
StockX has worked on humanitarian projects with a variety of celebrities and businesses. In order to generate money for the Greater Houston Community Foundation Hurricane Harvey Relief Fund and Team Rubicon to support relief operations in Texas and Florida after Hurricane Harvey, Eminem worked with the brand to auction off his Air Jordan sneakers created in partnership with Carhartt. LeBron James’ first throwback shoe made its debut on StockX, marking the first time Nike Inc. skipped retail and went straight to the secondary market.