Neustreet

Why is NIKE Struggling? 😖 Incredible words from Mike Sykes, the founder of The Kicks You Wear! 👏 This is why the power of the consumer in the sneaker market is so significant! 🗣️👟 #sneakers #sneakerhead #sneakerworld #sneakernews #sneakeraddict #nike

Two of the biggest companies in the collectibles industry are coming together in a highly consequential agreement. eBay, the world’s largest online collectibles marketplace, is signing a deal with Collectors, the parent company of PSA and Goldin Auctions. eBay is now acquiring Goldin Auctions, the collectibles auction house best known for their founder Ken Goldin and their recent Netflix series “King of Collectibles”. Simultaneously, eBay Vault is being sold to PSA, the world’s biggest grading and authentication company for collectibles! 👏 #collectibles #ebay #ebayseller #ebaycommunity

🐊 Crocs + Kellogg's!? Crocs doesn’t stop with the collaborations! 🤩🤝 Crocs has announced their latest limited edition collaboration, with Tony the Tiger and Toucan Sam. You might recognize these two characters as the mascots of Frosted Flakes and Fruit Loops cereal. A lot of Crocs’ recent partners have come from entertainment and animation IP. Does this signal an emphasis on younger audiences? What works well or not so well? How do they decide who’s a good fit or not? At this point, Crocs collabs are so prevalent that marketers at places like Kellogg’s are likely aware of Crocs appetite for collaborations. Has Crocs reached a point of cultural relevance that they are now receiving tons of inbound requests from CPG companies, studios, IP/Rights Holders? Crocs’ growth has been a fascinating story in the world of sneakers. Let’s see how far this brand halo of collaborations can ensure continued growth and potentially even new revenue opportunities. https://lnkd.in/gDB85dU5 #Crocs #sneakers #collectibles

📉 Nike Producing Fewer Air Force 1s On their latest earnings call, Nike said that they will be producing fewer Air Force 1s for a variety of reasons, such as protecting the sneaker’s long term brand equity and allowing room for new designs. Over the last year, Nike has faced trouble even selling Air Jordan 1 retros, which some have pointed out as people developing fatigue towards Nike products. Air Force 1s aren’t necessarily always a “hyped” product, but we’re in a competitive sneaker climate where Nike is starting to pay more attention to oversupply and ensuring they can better forecast demand. On a whole Nike is doing fine but it seems like they’re paying closer and closer attention to supply and demand as margins get tight, supply chains evolve, and consumer preferences change. #nike #sneakers #sneakerheads #nikeshoes #nikeair

👟 What impact has NIKE had on you? How have partnerships with the most elite athletes in the world, like Michael Jordan, changed how we view Nike's sneakers, and the brand at large? Check out the full conversation with phil terrill of SoleSafe and learn about sneakers as an asset class, and how we protect those investments. ⬇ https://lnkd.in/e4hwmV3Y Check out SoleSafe! - https://solesafe.co/ #nike #jordan #sneakerhead #sneakers #investing

💸 How the Sneaker Resale Market has Changed Brett Nilsen is Co-Founder & CEO of Copyt - automating sneaker resales, including features such as inventory management, financial analytics, integrations with e-commerce platforms and much more. In the full podcast, Brett shares the following insights ⬇ - Introduction to Brett and his sneaker origin story of the KD 4 Galaxy - The popularity of sneakers and reselling when Brett was in high school - Brett's specific business strategies as a sneaker reseller - How Brett's own challenges as a reseller led to the creation of Copyt - The state of Copyt today and what it offers to stores and resellers - How sneaker reselling has changed over the last 10 years - Modern dynamics between brands, consumers, stores, and resellers today - How healthy is the sneaker resale market today...? - State of challenger sneaker brands like New Balance, Asics, and Salomon - What sneaker market trends Brett is paying attention to today - Brett's grail sneakers Watch the full interview on Youtube https://lnkd.in/gg-UGDWn Check out the Copyt website: https://copyt.io/ #sneakerheads #sneakercollector #sneakerhead #sneakerresale #collectibles

💪 The BIGGEST Sneaker Company You've Never Heard Of Oscar Rachmansky is the founder of OscarSoles, one of the country's largest wholesale supplier of sneakers, and the founder of STYR, a next generation sneaker trading and investing platform. Oscar Soles is "the biggest sneaker company you've never heard of," one of the largest B2B traders in the sneaker space, buying sneakers in bulk from thousands of different suppliers around the world. 👀 CHECK OUT OSCAR SOLES https://lnkd.in/e8gMu6Tu WATCH ON YOUTUBE: https://lnkd.in/emJs9B4D TUNE INTO THE PODCAST: https://lnkd.in/eFRdhPTv

🧠 SNEAKERHEAD GENIUSES: Want to get ahead of the sneaker resale market? We're pleased to announce the upcoming release of Neustreet Sneakers - the data-powered guide to the sneaker resale market. It's packed with unique and exclusive insights to keep you a step ahead of your competition. Be the 1st on the waitlist -⬇ https://lnkd.in/gQEMi7ws Heads up! Neustreet continues to be committed to providing more transparency and access within collectibles markets - stay tuned for more big news coming your way this Spring season! #sneakerhead #sneakerculture #sneakercommunity #sneakerheads

🐵 Evolution of the Trading Card Market Nicolas le Jeune, founder of Courtyard.io speaks on the evolving market of sports trading cards: ▪️ Founding story of Courtyard ▪️ NFTs and their impact on collectibles ▪️ Social selling, box breaks, & entertainment ▪️ And a whole lot more! See it on Youtube: https://lnkd.in/guhdiFcS Listen on Spotify: https://lnkd.in/gJB3Fmjw #tradingcards #NFTs #collector #investmenttrends

BRILLIANT! The Business of Fashion has published an insightful article regarding the health of the sneaker resale market - backed up by Neustreet data! We see the significant percentage of major brands and silhouettes that were selling above MSRP have declined in price throughout 2023. Certain hyped releases continue to command massive resale premiums, but many metrics indicate that sneaker resale profitability at a macro level has ultimately decreased. However, when we here at Neustreet talk to entrepreneurs and different sneaker businesses across the industry, we have a positive outlook for the overall growth of the sneaker market, the number of resellers, and in particular are excited by the enhanced competition from younger sneaker brands. Thanks again to Daniel-Yaw Miller and The Business of Fashion for covering the topic, and looking forward to seeing more BOF articles about the sneaker resale market! #sneakers #footwear #fashion #retail #sneakerculture #resale #sneakercommunity