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Nike to Clean and Resell Used Sneakers at Discount Prices in 15 US Stores

Business Insider | April 12, 2021

Nike Refurbished will sell shoes returned and cleaned at discounted prices. Shoes "gently" or hardly worn, or returned with cosmetic flaws must have been returned within 60-days of purchase to be resold.

The refurbished shoes will be sold at its factory and outlet stores. This initiative is currently available at 15 US stores, but the company said it planned to add Nike Refurbished to more stores, to boost its sustainability and reduce waste. While it promises to "help keep shoes out of landfills," the new service also means Nike can stop some of its products reaching booming sneaker resale platforms such as StockX or GOAT.

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#retail #nike #sustainability

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