Author: Andy Polk

StockX said it recorded $1.8 billion in gross merchandise value (GMV) in 2020 and closed more than 7.5 million trades during the year. The marketplace provided an update on the business while issuing a new report titled StockX Snapshot: Current Culture Index, that identifies major movers...

Spyder, which is is owned by Authentic Brands Group (ABG), has partnered with Footwear Unlimited, to support the brand’s launch into footwear. The new collection, to launch in fall 2021 at specialty retailers, department stores and on Spyder.com, includes outdoor, hike, trail, Après Ski, and lifestyle...

StockX announced it has raised $275 million in a Series E funding round that values the live marketplace at $2.8 billion post-money. The investment will be used to accelerate global expansion, innovation and category diversification for the e-commerce marketplace. In the third quarter, StockX surpassed $3...

Brooks Running and Vaude have each signed The Climate Pledge, a commitment to be net-zero carbon by 2040, a decade ahead of the Paris Agreement’s goal of 2050. Brooks and Vaude joined 11 other new signatories including Atos, Canary Wharf Group, Coca-Cola European Partners, ERM, Groupe...

JCPenney emerged from Chapter 11 bankruptcy on Monday in a deal that leaves Simon Property Group and Brookfield Asset Management Inc as the owners and operators of the department store chain. The sales agreement, supported by the Unsecured Creditors Committee, had previously been approved by the...