Streetwear resale marketplace StockX is growing, fast.

Streetwear resale marketplace StockX is growing, fast. Investors are betting big on the digital platform that’s now valued at over $1 billion, banking on young consumers’ love of buying used clothing. StockX specializes in luxury items, like sneakers, apparel, and accessories—and their value-add over eBay is that they can authenticate items for an extra fee. The hypebeast mecca is helping to redefine luxury alongside other high-end resale apps. (TechCrunch)