[TREND WATCH] Stock X's Josh Luber: Safe sneaker resellers grow the whole market

Before social media and the global trend of hype sneakers and streetwear, sneakerheads would spend hours digging through eBay or combing through the collections of neighborhood resellers to score a great deal on the perfect pair of shoes. While some may still find this practice to be successful at times, they also likely come across fake products and massively inflated prices. Josh Luber, the founder and CEO of StockX, wants to put a stop to that. StockX, a marketplace for the resale of sneakers and other streetwear accessories, was built to level the playing field. By utilizing the same IPO method as the New York Stock Exchange, also known as a Dutch auction, Luber hopes to create a more accessible marketplace for both buyers and sellers. For the episode three of Glossy Trend Watch: Streetwear Edition, fashion reporter Danny Parisi sits down with Luber to discuss how the resale market grew up and what the current relationship is between the primary and secondary markets.