Campless continues to be the top source for sneaker resell data, so much so that investment bank Goldman Sachs recently reached out to the site's founder for his expertise.
After a meeting with Campless' Josh Luber, Goldman Sachs announced today that Foot Locker and Finish Line sales could be in store for a considerable drop off. Citing factors like market saturation, increased Air Jordan price points, and sellers opting to move their product through channels other than eBay, Luber effectively schooled the experts on what could be a major market shift.
"While there are a number of caveats around the data tracked by Campless, and it should not be viewed in isolation, we believe there is a relationship between the resale and retail markets," said the Goldman Sachs report. The statement also notes that the trend "could have negative sales implications at Foot Locker and Finish Line," which currently hold high ratings at the investment firm.
Weeks back, our own Russ Bengtson predicted that the resell market could be in dire straits, and now it's looking like even more of a possibility as the data is beginning to support the theory.
