09 Jul '18, 10am

Fast-growing Detroit startup StockX sniffs out fake sneakers

Fast-growing Detroit startup StockX sniffs out fake sneakers JC Reindl Detroit Free Press Published 12:02 p.m. UTC Jul 9, 2018 The pair of allegedly rare Air Jordan sneakers arrived last month to the bunker-like Authentication Center of StockX, a Dan Gilbert-backed company that is one of Detroit's fastest-growing startups. The black-and-red Jordans were purportedly from 1995. For sneakerheads who collect such things, that's close to antique. Antonio Gray, 29, of Detroit, worked as a sneaker salesman for six years before becoming a authenticator at Stock X, where he looks over a pair of Jordans at their new operations center in Detroit. Kimberly P. Mitchell, Detroit Free Press If these shoes were authentic, they might fetch $500 on StockX's online marketplace, which functions like a stock market for the re-selling of hard-to-find sneakers, sportswear, watches and handbags. ...

Full article: https://eu.freep.com/story/money/business/2018/07/09/detr...

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