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A look inside America’s obsession with sneakers
TODAY’s Craig Melvin goes to Atlanta to delve into America’s obsession with sneakers and how the rise of their popularity has turned the sneaker business into a growing $80 billion industry. He speaks with rapper and sneaker collector Killer Mike about the community...
Shoppers are buying from resale retailers more than ever. Here’s why
Secondhand retail companies are finding success with shoppers focused on sustainability and hard-to-find items, while also avoiding the supply chain pressures being felt by traditional retailers. Big box retailers like Walmart and Target have focused on keeping prices...
Sneakers are so hot, resellers are making a living off of coveted models
"They exist because they know there are people who will pay top dollar for the sneakers they want," said one shoe collector. Just as brokers snatch up concert tickets and resell them for exorbitant prices, sneaker resellers have created a niche corner of the sneaker...
Aravenda Honored as a 2021 NVTC Tech 100
Northern Virginia Technology Council (NVTC), the trade association representing the national capital region’s technology community, announced the 2021 NVTC Tech 100 today. Nominees demonstrate cutting-edge companies, executives, innovators, NextGen leaders, and...
Starting a Consignment Store
"Over the past decade and a half, consumers have been buying and discarding considerably more outfits. Between 2000 and 2014, global clothing production doubled, with shoppers purchasing roughly 60% more garments; at the same time, the number of times a piece of...
Millennials Drive Top Collectible Trends in 2021
=With customers finally being able to become mobile post-pandemic, many trends are emerging in the collectible industry. Whether it’s redecorating, spending time in the garden or increasing nostalgia, millennial customers will take their purchasing power to...