Monday, March 1, 2021

The shoe scalper's mom resigned from Nike

CNBC:

Nike said Monday that the vice president and general manager of its North America division...has left the retailer, effective immediately.

Her abrupt departure comes after she’s served more than 25 years with Nike.

Complex:

Nike does not permit its employees to participate in sneaker reselling, and the practice of buying shoes at their retail price only to sell them at a higher price is still taboo to many collectors. A Nike spokesperson told Bloomberg that [she] had disclosed information about the business to her employer in 2018 and there was “no violation of company policy.”

...

[Her] purview at Nike included its SNKRS app, a destination for coveted product where shoes regularly sell out immediately, only to be resold on secondary markets. 

...

[The credit card used by her son to make bot purchases] was registered in his mother’s name.