Mary Zophres received the box on a Thursday in 1998. By Monday, the word had made it to the film’s director. Oliver Stone was interested in samples of the fledgling Under Armour brand but only if the production studio wouldn’t have to pay for the requested $44,000 in apparel. To Stone, it was free costuming for a film that was already over budget. That initial box was received by one of the most influential costume designers in all of Hollywood and it was packed by Kevin Plank, himself. Before brand executives spent hours calculating ROAs, the hard truth is that retail was mostly persistence and luck. On that day, Plank earned both.
The resale market dominates the athletic shoe industry. With the sneaker resale market tipping into the mainstream and Stadium Goods selling to Farfetch (for $250 million), the remaining competitors in the field are StockX and GOAT Group; it seems likely that the competition is bound to escalate between the two.