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In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailStockX CEO Scott Cutler says Hoka, New Balance and On are some of its fastest growing brandsScott Cutler, StockX CEO, joins 'Fast Money' to talk the sneaker market, consumer trends, and more.
Persons: Scott Cutler, Hoka
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailStockX CEO: Resale premiums are down, but new brands are breaking through and grabbing market shareStockX CEO Scott Cutler joins 'Squawk on the Street' to discuss how Cyber Monday is looking from StockX's perspective, what's driving the company's growth, and more.
Persons: Scott Cutler
StockX says it rejected $100 million worth of counterfeit products from resellers in 2022. The resale marketplace said in its annual report that it recorded record revenues in 2022. Overall, the resale platform turned away over 330,000 fake items shipped by sellers for verification last year, according to its latest annual marketplace report. StockX currently inspects over 1 million items a month at its 13 authentication centers worldwide. Nike, Jordan Brand, Adidas, New Balance, and Converse once again were the top selling sneaker brands on the platform.
In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailStockX doubles down on tradable assets and consumer goods as alternative to traditional investingStockX CEO Scott Cutler on alternative investing. With CNBC's Melissa Lee and the Fast Money traders, Bonawyn Eison, Steve Grasso, Brian Kelly and Guy Adami.
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