— Platform has surpassed 6.5 million lifetime buyers and 1 million lifetime sellers as of June 2021 —
— Latest Current Culture Index reveals fastest-growing brands including Crocs, Reebok, and Telfar; spotlights year-over-year trade increases for artists Kanye West, Daniel Arsham, and Travis Scott —
[DETROIT] July 20, 2021 — In a report out today, StockX details the fastest-growing brands across core categories including sneakers, electronics, collectibles, apparel and accessories. The mid-year edition of StockX’s Current Culture Index also reveals that as of June 2021, the platform has surpassed 6.5 million lifetime buyers and 1 million lifetime sellers, demonstrating continued interest in and demand for current culture goods.
Following successful category expansion efforts, the company saw combined GMV for apparel, accessories, electronics, collectibles, and trading cards increase by more than 250% year-over-year. During the same time frame, collectible and trading card buyers increased by more than 260%.
“During the first half of the year we reached new milestones for both buyers and sellers, which is a direct result of our category expansion efforts. Leveraging feedback from both sides of our marketplace, we’ve curated a comprehensive offering of current culture products that will meet the growing demand we’re seeing from our global customer base,” said StockX CEO Scott Cutler. “As this report shows, there are strong synergies between our core sneaker enthusiasts and those customers who are passionate about apparel, accessories, collectibles, and gaming. We’re bullish on the opportunity we have to serve this growing market — the next gen consumers who are shifting the paradigm of how we spend, collect, and invest.”
Highlights from StockX’s July 2021 Current Culture Index include:
To view the full report, please visit https://stockx.com/about/sx-market-insights/stockx-snapshot-cci-july-21.
StockX is proud to be a Detroit-based technology leader focused on the large and growing online market for sneakers, apparel, electronics, accessories, and collectibles. StockX’s powerful platform connects buyers and sellers of high-demand consumer goods from around the world using dynamic pricing mechanics. This approach brings unparalleled access and market visibility powered by real-time data that empowers buyers and sellers to determine and transact based on fair market value. The StockX platform features hundreds of brands across verticals including Jordan Brand, adidas, Nike, Supreme, BAPE, Off-White, Louis Vuitton, Gucci; collectibles from artists including KAWS and Takashi Murakami; and electronics from industry-leading manufacturers, Sony, Microsoft, Nvidia, and Apple. Founded in 2016, the company employs more than 1,000 people in 14 offices and authentication centers around the world, and facilitates sales in more than 200 countries and territories. Learn more at www.stockx.com.