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Business Wars Daily

Looking to Drop a G on Jordans? StockX Can Help Spot the Fakes

Business Wars Daily

Wondery

News, Daily News, Business News, Business

4.6716 Ratings

🗓️ 23 July 2020

⏱️ 7 minutes

🧾️ Download transcript

Summary

Today is Thursday, July 23, and we’re looking at StockX vs. CheckCheck.

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Transcript

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0:00.0

Wonderly Plus subscribers can listen to Business Wars daily ad-free right now.

0:04.8

Join Wonderly Plus in the Wondery app or on Apple Podcasts.

0:08.5

If you or someone you care about has cancer,

0:11.5

Macmillan Cancer Support's online community is here to help from day one.

0:16.1

Macmillan's free online forum provides a safe space to get support from both experts and others who've been

0:22.0

there. Members support each other anonymously, sharing what's helped them on a range of subjects,

0:27.5

from dealing with side effects such as hair loss and fatigue, to money worries and managing work,

0:32.9

or talking with children about a diagnosis. There are different forums on cancer types or experiences,

0:39.0

opportunities to ask an expert, and blog posts.

0:42.0

Find support 24-7 from people who get what it's like to have cancer.

0:46.7

To join, search McMillan online community.

0:49.3

One, three.

1:08.2

The From Wondry, I'm David Brown, and this is Business Wars Daily on this Thursday, July 23rd.

1:12.4

When an investment quintuples in value in just a few weeks, it's usually considered a winner. That kind of growth is rare, but it is happening in one market. Sneakers.

1:18.9

The secondary market for high-end kicks is now worth more than $2 billion, but the sneakers

1:24.6

fueling this growth are no ordinary trainers.

1:28.3

Today's designer sneakers are essentially art for your feet.

1:31.8

Their debuts are stealthy, long-anticipated events.

1:36.6

And the shoes themselves can cost hundreds or even thousands of dollars at retail.

1:41.6

It's no surprise, then, that an entire industry is popped up around trading

1:45.2

and authenticating these shoes. Take the Air Jordan 1-O-G-Dior collection, which debuted on July 1st.

1:53.6

A single pair of the limited edition kicks was selling for about two grand at retail. Just a few

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