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Sneakerheads and collectors are willing to pay a premium for hard-to-find or limited edition sneakers, making the resale market a competitive and fast-paced environment. Leading brands such as Nike, Jordan, Adidas, New Balance, and Converse dominate the resale market. However, as the market matures, opportunities are emerging for mid-tier and niche brands to establish themselves. Brands like Hoka and Salomon are gaining traction, with Hoka achieving a remarkable 90.8% year-on-year sales growth in 2023.
Collaborating with a brand is an excellent way to create a product that combines the advantages of two businesses. It provides a legal base for sharing creativity while keeping the brand’s authenticity. Securing a license and permission is one of the ways to sell replicas legally. Establishing a license agreement grants the legal right to sell the product. The agreement clearly outlines the specific conditions under which your business can sell replicas. Make sure you are familiar with it before selling replicas.
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