The Sneaker Resale Market Is Broken

A Landmark European Sustainability Regulation Is in Jeopardy; Television’s Enduring Influence on Fashion ~/AAAHagA~/RgRnsDDvP0SLaHR0cHM6Ly93d3cuYnVzaW5lc3NvZmZhc2hpb24uY29tLz91dG1fc291cmNlPW5ld3NsZXR0ZXJfZGFpbHlkaWdlc3QmdXRtX21lZGl1bT1lbWFpbCZ1dG1fY2FtcGFpZ249RGFpbHlfRGlnZXN0XzE1MDIyNCZ1dG1fY29udGVudD1ib2ZfbG9nb1cFc3BjZXVCCmW776vNZcLMalVSG3RyaXN0cmFtYmFsZHdpbjkwQGdtYWlsLmNvbVgEAAAAJA~~ ADVERTISEMENT ~/AAAHagA~/RgRnsDDvP0QWaHR0cHM6Ly9ib2YudG8vNDJCbnlBZVcFc3BjZXVCCmW776vNZcLMalVSG3RyaXN0cmFtYmFsZHdpbjkwQGdtYWlsLmNvbVgEAAAAJA~~ WHAT YOU NEED TO KNOW TODAY: THURSDAY, FEBRUARY 15, 2024 - The [sneaker resale market is contracting](~/AAAHagA~/RgRnsDDvP0S8aHR0cHM6Ly93d3cuYnVzaW5lc3NvZmZhc2hpb24uY29tL2FydGljbGVzL3JldGFpbC90aGUtc25lYWtlci1yZXNhbGUtbWFya2V0LWlzLWJyb2tlbi8_dXRtX3NvdXJjZT1uZXdzbGV0dGVyX2RhaWx5ZGlnZXN0JnV0bV9tZWRpdW09ZW1haWwmdXRtX2NhbXBhaWduPURhaWx5X0RpZ2VzdF8xNTAyMjQmdXRtX2NvbnRlbnQ9aW50cm9XBXNwY2V1Qgplu--rzWXCzGpVUht0cmlzdHJhbWJhbGR3aW45MEBnbWFpbC5jb21YBAAAACQ~), with some smaller platforms shuttering as a glut of product sends prices tumbling. - In the internet age, TV still has huge [power over how we dress](~/AAAHagA~/RgRnsDDvP0THaHR0cHM6Ly93d3cuYnVzaW5lc3NvZmZhc2hpb24uY29tL29waW5pb25zL21lZGlhL29wLWVkLXRlbGV2aXNpb25zLWVuZHVyaW5nLWluZmx1ZW5jZS1vbi1mYXNoaW9uLz91dG1fc291cmNlPW5ld3NsZXR0ZXJfZGFpbHlkaWdlc3QmdXRtX21lZGl1bT1lbWFpbCZ1dG1fY2FtcGFpZ249RGFpbHlfRGlnZXN0XzE1MDIyNCZ1dG1fY29udGVudD1pbnRyb1cFc3BjZXVCCmW776vNZcLMalVSG3RyaXN0cmFtYmFsZHdpbjkwQGdtYWlsLmNvbVgEAAAAJA~~), argues Hal Rubenstein - A landmark piece of EU sustainability regulation is[facing a pro-business backlash.](~/AAAHagA~/RgRnsDDvP0TlaHR0cHM6Ly93d3cuYnVzaW5lc3NvZmZhc2hpb24uY29tL2FydGljbGVzL3N1c3RhaW5hYmlsaXR5L2V1cm9wZWFuLXVuaW9uLXN1cHBseS1jaGFpbi1kdWUtZGlsaWdhbmNlLXJlZ3VsYXRpb24tZmFzaGlvbi10ZXh0aWxlLz91dG1fc291cmNlPW5ld3NsZXR0ZXJfZGFpbHlkaWdlc3QmdXRtX21lZGl1bT1lbWFpbCZ1dG1fY2FtcGFpZ249RGFpbHlfRGlnZXN0XzE1MDIyNCZ1dG1fY29udGVudD1pbnRyb1cFc3BjZXVCCmW776vNZcLMalVSG3RyaXN0cmFtYmFsZHdpbjkwQGdtYWlsLmNvbVgEAAAAJA~~) - Vans and North Face owner VF Corp. is [shaking up its board with input from an activist investor.](~/AAAHagA~/RgRnsDDvP0TaaHR0cHM6Ly93d3cuYnVzaW5lc3NvZmZhc2hpb24uY29tL25ld3MvcmV0YWlsL25vcnRoLWZhY2UtbWFrZXItdmYtY29ycC10by1zaGFrZS11cC1ib2FyZC13aXRoLWVuZ2FnZWQtY2FwaXRhbC1pbnB1dC8_dXRtX3NvdXJjZT1uZXdzbGV0dGVyX2RhaWx5ZGlnZXN0JnV0bV9tZWRpdW09ZW1haWwmdXRtX2NhbXBhaWduPURhaWx5X0RpZ2VzdF8xNTAyMjQmdXRtX2NvbnRlbnQ9aW50cm9XBXNwY2V1Qgplu--rzWXCzGpVUht0cmlzdHJhbWJhbGR3aW45MEBnbWFpbC5jb21YBAAAACQ~) - Plus, join our [BoF Professional Masterclass](~/AAAHagA~/RgRnsDDvP0S-aHR0cHM6Ly93d3cuYnVzaW5lc3NvZmZhc2hpb24uY29tL2V2ZW50cy9sdXh1cnkvYm9mLW1hc3RlcmNsYXNzLXNlbGxpbmctbHV4dXJ5LXRvLXRoZS0xLz91dG1fc291cmNlPW5ld3NsZXR0ZXJfZGFpbHlkaWdlc3QmdXRtX21lZGl1bT1lbWFpbCZ1dG1fY2FtcGFpZ249RGFpbHlfRGlnZXN0XzE1MDIyNCZ1dG1fY29udGVudD1pbnRyb1cFc3BjZXVCCmW776vNZcLMalVSG3RyaXN0cmFtYmFsZHdpbjkwQGdtYWlsLmNvbVgEAAAAJA~~) on Selling Luxury to the 1%, today at 4:00pm GMT / 11:00am EST. [Register your place now](~/AAAHagA~/RgRnsDDvP0S-aHR0cHM6Ly93d3cuYnVzaW5lc3NvZmZhc2hpb24uY29tL2V2ZW50cy9sdXh1cnkvYm9mLW1hc3RlcmNsYXNzLXNlbGxpbmctbHV4dXJ5LXRvLXRoZS0xLz91dG1fc291cmNlPW5ld3NsZXR0ZXJfZGFpbHlkaWdlc3QmdXRtX21lZGl1bT1lbWFpbCZ1dG1fY2FtcGFpZ249RGFpbHlfRGlnZXN0XzE1MDIyNCZ1dG1fY29udGVudD1pbnRyb1cFc3BjZXVCCmW776vNZcLMalVSG3RyaXN0cmFtYmFsZHdpbjkwQGdtYWlsLmNvbVgEAAAAJA~~). TOP STORIES [RETAIL](~/AAAHagA~/RgRnsDDvP0TFaHR0cHM6Ly93d3cuYnVzaW5lc3NvZmZhc2hpb24uY29tL3RvcGljcy9yZXRhaWw_dXRtX3NvdXJjZT1uZXdzbGV0dGVyX2RhaWx5ZGlnZXN0JnV0bV9tZWRpdW09ZW1haWwmdXRtX2NhbXBhaWduPURhaWx5X0RpZ2VzdF8xNTAyMjQmdXRtX3Rlcm09R0wyTDVQMllQRkRVVkJRRU1NVTdYRkFXTVUmdXRtX2NvbnRlbnQ9dG9wX3N0b3J5XzFfdG9waWNXBXNwY2V1Qgplu--rzWXCzGpVUht0cmlzdHJhbWJhbGR3aW45MEBnbWFpbC5jb21YBAAAACQ~) [The Sneaker Resale Market Is Broken](~/AAAHagA~/RgRnsDDvP0TsaHR0cHM6Ly93d3cuYnVzaW5lc3NvZmZhc2hpb24uY29tL2FydGljbGVzL3JldGFpbC90aGUtc25lYWtlci1yZXNhbGUtbWFya2V0LWlzLWJyb2tlbi8_dXRtX3NvdXJjZT1uZXdzbGV0dGVyX2RhaWx5ZGlnZXN0JnV0bV9tZWRpdW09ZW1haWwmdXRtX2NhbXBhaWduPURhaWx5X0RpZ2VzdF8xNTAyMjQmdXRtX3Rlcm09R0wyTDVQMllQRkRVVkJRRU1NVTdYRkFXTVUmdXRtX2NvbnRlbnQ9dG9wX3N0b3J5XzFfdGl0bGVXBXNwY2V1Qgplu--rzWXCzGpVUht0cmlzdHJhbWJhbGR3aW45MEBnbWFpbC5jb21YBAAAACQ~) By Daniel-Yaw Miller ~/AAAHagA~/RgRnsDDvP0TsaHR0cHM6Ly93d3cuYnVzaW5lc3NvZmZhc2hpb24uY29tL2FydGljbGVzL3JldGFpbC90aGUtc25lYWtlci1yZXNhbGUtbWFya2V0LWlzLWJyb2tlbi8_dXRtX3NvdXJjZT1uZXdzbGV0dGVyX2RhaWx5ZGlnZXN0JnV0bV9tZWRpdW09ZW1haWwmdXRtX2NhbXBhaWduPURhaWx5X0RpZ2VzdF8xNTAyMjQmdXRtX3Rlcm09R0wyTDVQMllQRkRVVkJRRU1NVTdYRkFXTVUmdXRtX2NvbnRlbnQ9dG9wX3N0b3J5XzFfaW1hZ2VXBXNwY2V1Qgplu--rzWXCzGpVUht0cmlzdHJhbWJhbGR3aW45MEBnbWFpbC5jb21YBAAAACQ~ [Oversupply of once-hyped sneakers like Jordans has caused resale prices to plummet, pushing smaller platforms out of the market and sending the bigger players scrambling to adapt.](~/AAAHagA~/RgRnsDDvP0TqaHR0cHM6Ly93d3cuYnVzaW5lc3NvZmZhc2hpb24uY29tL2FydGljbGVzL3JldGFpbC90aGUtc25lYWtlci1yZXNhbGUtbWFya2V0LWlzLWJyb2tlbi8_dXRtX3NvdXJjZT1uZXdzbGV0dGVyX2RhaWx5ZGlnZXN0JnV0bV9tZWRpdW09ZW1haWwmdXRtX2NhbXBhaWduPURhaWx5X0RpZ2VzdF8xNTAyMjQmdXRtX3Rlcm09R0wyTDVQMllQRkRVVkJRRU1NVTdYRkFXTVUmdXRtX2NvbnRlbnQ9dG9wX3N0b3J5XzFfZGVrVwVzcGNldUIKZbvvq81lwsxqVVIbdHJpc3RyYW1iYWxkd2luOTBAZ21haWwuY29tWAQAAAAk) [READ MORE](~/AAAHagA~/RgRnsDDvP0TqaHR0cHM6Ly93d3cuYnVzaW5lc3NvZmZhc2hpb24uY29tL2FydGljbGVzL3JldGFpbC90aGUtc25lYWtlci1yZXNhbGUtbWFya2V0LWlzLWJyb2tlbi8_dXRtX3NvdXJjZT1uZXdzbGV0dGVyX2RhaWx5ZGlnZXN0JnV0bV9tZWRpdW09ZW1haWwmdXRtX2NhbXBhaWduPURhaWx5X0RpZ2VzdF8xNTAyMjQmdXRtX3Rlcm09R0wyTDVQMllQRkRVVkJRRU1NVTdYRkFXTVUmdXRtX2NvbnRlbnQ9dG9wX3N0b3J5XzFfY3RhVwVzcGNldUIKZbvvq81lwsxqVVIbdHJpc3RyYW1iYWxkd2luOTBAZ21haWwuY29tWAQAAAAk) [SUSTAINABILITY](~/AAAHagA~/RgRnsDDvP0TNaHR0cHM6Ly93d3cuYnVzaW5lc3NvZmZhc2hpb24uY29tL3RvcGljcy9zdXN0YWluYWJpbGl0eT91dG1fc291cmNlPW5ld3NsZXR0ZXJfZGFpbHlkaWdlc3QmdXRtX21lZGl1bT1lbWFpbCZ1dG1fY2FtcGFpZ249RGFpbHlfRGlnZXN0XzE1MDIyNCZ1dG1fdGVybT1LWkdHWVNWWDdaRTNWSzJPS0VXUEdZRTY2TSZ1dG1fY29udGVudD10b3Bfc3RvcnlfMl90b3BpY1cFc3BjZXVCCmW776vNZcLMalVSG3RyaXN0cmFtYmFsZHdpbjkwQGdtYWlsLmNvbVgEAAAAJA~~) [Europe’s Push to Regulate Fashion’s Supply Chains Is in Danger of Being Derailed](~/AAAHagA~/RgRnsDDvP4QVAWh0dHBzOi8vd3d3LmJ1c2luZXNzb2ZmYXNoaW9uLmNvbS9hcnRpY2xlcy9zdXN0YWluYWJpbGl0eS9ldXJvcGVhbi11bmlvbi1zdXBwbHktY2hhaW4tZHVlLWRpbGlnYW5jZS1yZWd1bGF0aW9uLWZhc2hpb24tdGV4dGlsZS8_dXRtX3NvdXJjZT1uZXdzbGV0dGVyX2RhaWx5ZGlnZXN0JnV0bV9tZWRpdW09ZW1haWwmdXRtX2NhbXBhaWduPURhaWx5X0RpZ2VzdF8xNTAyMjQmdXRtX3Rlcm09S1pHR1lTVlg3WkUzVksyT0tFV1BHWUU2Nk0mdXRtX2NvbnRlbnQ9dG9wX3N0b3J5XzJfdGl0bGVXBXNwY2V1Qgplu--rzWXCzGpVUht0cmlzdHJhbWJhbGR3aW45MEBnbWFpbC5jb21YBAAAACQ~) By Sarah Kent ~/AAAHagA~/RgRnsDDvP4QVAWh0dHBzOi8vd3d3LmJ1c2luZXNzb2ZmYXNoaW9uLmNvbS9hcnRpY2xlcy9zdXN0YWluYWJpbGl0eS9ldXJvcGVhbi11bmlvbi1zdXBwbHktY2hhaW4tZHVlLWRpbGlnYW5jZS1yZWd1bGF0aW9uLWZhc2hpb24tdGV4dGlsZS8_dXRtX3NvdXJjZT1uZXdzbGV0dGVyX2RhaWx5ZGlnZXN0JnV0bV9tZWRpdW09ZW1haWwmdXRtX2NhbXBhaWduPURhaWx5X0RpZ2VzdF8xNTAyMjQmdXRtX3Rlcm09S1pHR1lTVlg3WkUzVksyT0tFV1BHWUU2Nk0mdXRtX2NvbnRlbnQ9dG9wX3N0b3J5XzJfaW1hZ2VXBXNwY2V1Qgplu--rzWXCzGpVUht0cmlzdHJhbWJhbGR3aW45MEBnbWFpbC5jb21YBAAAACQ~ [A landmark piece of legislation designed to make companies accountable for labour abuses and environmental damage in their supply chains has faltered, reflecting growing political opposition to more onerous climate rules.](~/AAAHagA~/RgRnsDDvP4QTAWh0dHBzOi8vd3d3LmJ1c2luZXNzb2ZmYXNoaW9uLmNvbS9hcnRpY2xlcy9zdXN0YWluYWJpbGl0eS9ldXJvcGVhbi11bmlvbi1zdXBwbHktY2hhaW4tZHVlLWRpbGlnYW5jZS1yZWd1bGF0aW9uLWZhc2hpb24tdGV4dGlsZS8_dXRtX3NvdXJjZT1uZXdzbGV0dGVyX2RhaWx5ZGlnZXN0JnV0bV9tZWRpdW09ZW1haWwmdXRtX2NhbXBhaWduPURhaWx5X0RpZ2VzdF8xNTAyMjQmdXRtX3Rlcm09S1pHR1lTVlg3WkUzVksyT0tFV1BHWUU2Nk0mdXRtX2NvbnRlbnQ9dG9wX3N0b3J5XzJfZGVrVwVzcGNldUIKZbvvq81lwsxqVVIbdHJpc3RyYW1iYWxkd2luOTBAZ21haWwuY29tWAQAAAAk) [READ MORE](~/AAAHagA~/RgRnsDDvP4QTAWh0dHBzOi8vd3d3LmJ1c2luZXNzb2ZmYXNoaW9uLmNvbS9hcnRpY2xlcy9zdXN0YWluYWJpbGl0eS9ldXJvcGVhbi11bmlvbi1zdXBwbHktY2hhaW4tZHVlLWRpbGlnYW5jZS1yZWd1bGF0aW9uLWZhc2hpb24tdGV4dGlsZS8_dXRtX3NvdXJjZT1uZXdzbGV0dGVyX2RhaWx5ZGlnZXN0JnV0bV9tZWRpdW09ZW1haWwmdXRtX2NhbXBhaWduPURhaWx5X0RpZ2VzdF8xNTAyMjQmdXRtX3Rlcm09S1pHR1lTVlg3WkUzVksyT0tFV1BHWUU2Nk0mdXRtX2NvbnRlbnQ9dG9wX3N0b3J5XzJfY3RhVwVzcGNldUIKZbvvq81lwsxqVVIbdHJpc3RyYW1iYWxkd2luOTBAZ21haWwuY29tWAQAAAAk) [MEDIA](~/AAAHagA~/RgRnsDDvP0TEaHR0cHM6Ly93d3cuYnVzaW5lc3NvZmZhc2hpb24uY29tL3RvcGljcy9tZWRpYT91dG1fc291cmNlPW5ld3NsZXR0ZXJfZGFpbHlkaWdlc3QmdXRtX21lZGl1bT1lbWFpbCZ1dG1fY2FtcGFpZ249RGFpbHlfRGlnZXN0XzE1MDIyNCZ1dG1fdGVybT1SUkZOUDU1SklGR01ERENVQ1VIQ1BKTURDNCZ1dG1fY29udGVudD10b3Bfc3RvcnlfM190b3BpY1cFc3BjZXVCCmW776vNZcLMalVSG3RyaXN0cmFtYmFsZHdpbjkwQGdtYWlsLmNvbVgEAAAAJA~~) [Op-Ed | Television’s Enduring Influence on Fashion](~/AAAHagA~/RgRnsDDvP0T3aHR0cHM6Ly93d3cuYnVzaW5lc3NvZmZhc2hpb24uY29tL29waW5pb25zL21lZGlhL29wLWVkLXRlbGV2aXNpb25zLWVuZHVyaW5nLWluZmx1ZW5jZS1vbi1mYXNoaW9uLz91dG1fc291cmNlPW5ld3NsZXR0ZXJfZGFpbHlkaWdlc3QmdXRtX21lZGl1bT1lbWFpbCZ1dG1fY2FtcGFpZ249RGFpbHlfRGlnZXN0XzE1MDIyNCZ1dG1fdGVybT1SUkZOUDU1SklGR01ERENVQ1VIQ1BKTURDNCZ1dG1fY29udGVudD10b3Bfc3RvcnlfM190aXRsZVcFc3BjZXVCCmW776vNZcLMalVSG3RyaXN0cmFtYmFsZHdpbjkwQGdtYWlsLmNvbVgEAAAAJA~~) By Hal Rubenstein ~/AAAHagA~/RgRnsDDvP0T3aHR0cHM6Ly93d3cuYnVzaW5lc3NvZmZhc2hpb24uY29tL29waW5pb25zL21lZGlhL29wLWVkLXRlbGV2aXNpb25zLWVuZHVyaW5nLWluZmx1ZW5jZS1vbi1mYXNoaW9uLz91dG1fc291cmNlPW5ld3NsZXR0ZXJfZGFpbHlkaWdlc3QmdXRtX21lZGl1bT1lbWFpbCZ1dG1fY2FtcGFpZ249RGFpbHlfRGlnZXN0XzE1MDIyNCZ1dG1fdGVybT1SUkZOUDU1SklGR01ERENVQ1VIQ1BKTURDNCZ1dG1fY29udGVudD10b3Bfc3RvcnlfM19pbWFnZVcFc3BjZXVCCmW776vNZcLMalVSG3RyaXN0cmFtYmFsZHdpbjkwQGdtYWlsLmNvbVgEAAAAJA~~ [In the age of Instagram, the narrative power of television still gives it tremendous power over how Americans dress, argues Hal Rubenstein.](~/AAAHagA~/RgRnsDDvP0T1aHR0cHM6Ly93d3cuYnVzaW5lc3NvZmZhc2hpb24uY29tL29waW5pb25zL21lZGlhL29wLWVkLXRlbGV2aXNpb25zLWVuZHVyaW5nLWluZmx1ZW5jZS1vbi1mYXNoaW9uLz91dG1fc291cmNlPW5ld3NsZXR0ZXJfZGFpbHlkaWdlc3QmdXRtX21lZGl1bT1lbWFpbCZ1dG1fY2FtcGFpZ249RGFpbHlfRGlnZXN0XzE1MDIyNCZ1dG1fdGVybT1SUkZOUDU1SklGR01ERENVQ1VIQ1BKTURDNCZ1dG1fY29udGVudD10b3Bfc3RvcnlfM19kZWtXBXNwY2V1Qgplu--rzWXCzGpVUht0cmlzdHJhbWJhbGR3aW45MEBnbWFpbC5jb21YBAAAACQ~) [READ MORE](~/AAAHagA~/RgRnsDDvP0T1aHR0cHM6Ly93d3cuYnVzaW5lc3NvZmZhc2hpb24uY29tL29waW5pb25zL21lZGlhL29wLWVkLXRlbGV2aXNpb25zLWVuZHVyaW5nLWluZmx1ZW5jZS1vbi1mYXNoaW9uLz91dG1fc291cmNlPW5ld3NsZXR0ZXJfZGFpbHlkaWdlc3QmdXRtX21lZGl1bT1lbWFpbCZ1dG1fY2FtcGFpZ249RGFpbHlfRGlnZXN0XzE1MDIyNCZ1dG1fdGVybT1SUkZOUDU1SklGR01ERENVQ1VIQ1BKTURDNCZ1dG1fY29udGVudD10b3Bfc3RvcnlfM19jdGFXBXNwY2V1Qgplu--rzWXCzGpVUht0cmlzdHJhbWJhbGR3aW45MEBnbWFpbC5jb21YBAAAACQ~) [North Face Maker VF Corp to Shake up Board With Engaged Capital Input](~/AAAHagA~/RgRnsDDvP4QKAWh0dHBzOi8vd3d3LmJ1c2luZXNzb2ZmYXNoaW9uLmNvbS9uZXdzL3JldGFpbC9ub3J0aC1mYWNlLW1ha2VyLXZmLWNvcnAtdG8tc2hha2UtdXAtYm9hcmQtd2l0aC1lbmdhZ2VkLWNhcGl0YWwtaW5wdXQvP3V0bV9zb3VyY2U9bmV3c2xldHRlcl9kYWlseWRpZ2VzdCZ1dG1fbWVkaXVtPWVtYWlsJnV0bV9jYW1wYWlnbj1EYWlseV9EaWdlc3RfMTUwMjI0JnV0bV90ZXJtPUFPSkxaUlRYU05BVURNWUpPNEw1QUM3NlRFJnV0bV9jb250ZW50PXRvcF9zdG9yeV80X3RpdGxlVwVzcGNldUIKZbvvq81lwsxqVVIbdHJpc3RyYW1iYWxkd2luOTBAZ21haWwuY29tWAQAAAAk) [READ 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