Are sneakers the next big investment opportunity?

If you need further proof that sneakers have become one of the hottest globally traded assets, on par with commodities like gold and coveted luxury products such as Hermès bags, you just have to look at the incredible growth of online marketplace StockX, which in April 2021 announced a US$3.8 billion valuation.Founded in 2016 in Detroit, Michigan, by a trio of sneaker aficionados, StockX is the go-to marketplace for rare sneakers and other collectible items such as toys, gaming consoles,…

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