With the pandemic waning, sneaker lovers are once again stepping out to show off their coveted kicks, and sneaker reselling is on the rise. In fact, the sneaker resale market in the U.S. is estimated to be around $2 billion and by 2030 is expected to increase to $30 billion. Some researchers are calling sneakers their own alternative asset class, analogous to NFTs.
As a result of this rise in reselling, sneakers are also emerging as the ecommerce category most susceptible to online fraud, according to proprietary data from Riskified’s ecommerce risk intelligence platform.
