Stadium Goods

Stadium Goods is a retailer specialised in the resale of aftermarket sneakers. Based in New York City, the company operates shops in SoHo, Manhattan[1] and Chicago, IL, [2] as well as an online store.[3] The store sells sneakers and streetwear, including rare and limited edition sneakers.[4]

Stadium Goods
TypeSubsidiary
IndustryRetail
Founded2015
HeadquartersNew York City, United States
Key people
ParentFarfetch
Websitewww.stadiumgoods.com

History

Stadium Goods was founded in 2015 by John McPheters and Jed Stiller, who share the role of CEO.[5][6] In August 2016, Stadium Goods entered the Chinese market through partnership with Alibaba's Tmall, a platform for businesses to sell brand name goods to consumers based in China.[7] In November 2017, during the Single's Day promotion on Alibaba, Stadium Goods reached $3m in sales during a 24-hour period.[4]

In 2018 Stadium Goods received backing from LVMH Luxury Ventures, and in January 2019 it was acquired by the London-based online retail company Farfetch for $250m.[3][8]

In 2018, McPheters and Stiller were selected for the Business of Fashion 500 list, the WWD 40 of Tomorrow, and the Footwear News Power 150.[9][10][11]

In December 2019 plans were announced for a second Stadium Goods store in the U.S., located in Chicago.[12][13] The store is due to open in the second quarter of 2020.[14]

References
  1. Bacelar, Liz (2019-09-19). "Stadium Goods: Riding the sneaker culture boom". Current Daily. Retrieved 2020-02-19.
  2. "Stadium Goods Announces Details On New Chicago Location".
  3. "Farfetch bets on sneakers with $250M Stadium Goods acquisition". TechCrunch. Retrieved 2020-02-19.
  4. Shapiro, Bee (2018-05-12). "How Much Is That Sneaker in the Window?". The New York Times. ISSN 0362-4331. Retrieved 2020-02-19.
  5. "Stadium Goods co-CEO John McPheters's big idea is still all about sneakers". finance.yahoo.com. Retrieved 2020-02-19.
  6. Wolf, Cam. "Why a Massive Luxury Retailer Is Betting Big on Sneakers". GQ. Retrieved 2020-02-19.
  7. "WWD Apparel and Retail CEO Summit 2019 Takeaways China". Jing Daily. 2019-11-01. Retrieved 2020-02-19.
  8. "How Stadium Goods is preparing for physical retail expansion". Glossy. 2019-10-15. Retrieved 2020-02-19.
  9. "John McPheters & Jed Stiller is part of the BoF 500". The Business of Fashion. Retrieved 2020-02-19.
  10. Hughes, Aria (2018-11-29). "40 of Tomorrow: Jed Stiller and John McPheters of Stadium Goods". WWD. Retrieved 2020-02-19.
  11. Staff, F. N.; Staff, F. N. (2018-10-30). "Footwear News Power List: The Nordstroms, Virgil Abloh, Helena Foulkes + 147 More Big Names". Footwear News. Retrieved 2020-02-19.
  12. "Stadium Goods Announces Second Location Opening in Chicago". Sole Collector. Retrieved 2020-02-19.
  13. Anyanwu, Obi (2019-12-03). "Stadium Goods to Open Second Store in Chicago". WWD. Retrieved 2020-02-19.
  14. Gottsegen, Gordon (December 4, 2019). "Streetwear E-Commerce Startup Stadium Goods Is Opening a Store in Chicago". Built In Chicago. Retrieved 2020-02-19.
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