And Nike revising its rules in a huge blow to
sneaker resellers. Nike says it could cancel sales,
refused to issue refunds and even cancel the accounts of
buyers that the company determines intend to resell its merchandise
. So be careful. Nike has long made statements
against the resale market. This is a new,
aggressive step toward limiting bodies, or using automated bots
software to immediately purchase newer restocked products. As of
2019, the sneaker resale market was worth six billion
. It could increase to as much as 30 billion
by 2030, according to Cowen.