eBay, the global commerce leader, has announced the opening of "Canal Street Wear," a unique retail store in New York City. This store offers an unparalleled range of authentic streetwear and sneakers, sourced from top eBay sellers. The merchandise available at Canal Street Wear is authenticated by eBay's Authenticity Guarantee, a service that has recently been extended to include streetwear.
The streetwear industry, currently valued at over $180 billion, has seen a surge in interest with global searches for streetwear on eBay increasing by more than 150% since the start of the year. However, this growth has also led to an increase in counterfeit goods, causing uncertainty among enthusiasts. Canal Street Wear aims to address this issue by offering a wide selection of authentic streetwear on Manhattan's infamous Canal Street, historically known for its bootleg and counterfeit goods.
Enthusiasts go to eBay to find every drop from the past few decades, from late 90's Supreme and Virgil era Louis Vuitton, to younger brands like Palace and Aimé Leon Dore," said Charis Marquez, Global VP of Fashion at eBay. "Expanding Authenticity Guarantee to streetwear brings peace of mind that every item is the real deal and furthers our efforts to make eBay the most trusted destination for streetwear. Canal Street Wear highlights eBay's incredible selection and commitment to authenticity."
The merchandise at Canal Street Wear has been carefully curated from top-rated eBay sellers including NYMilan, RIF, and Soled Out Jersey City. Shoppers can find items from the latest releases as well as classic pieces, such as the iconic Supreme Morrisey t-shirt, classic Off-White hoodies, Nike x COMME des GARÇONS sneakers, and a variety of Aimé Leon Dore New Balance sneakers. The store also stocks sought-after items from brands often targeted by counterfeiters, like BAPE, Louis Vuitton, and Chrome Hearts. In addition, shoppers can bring their own streetwear items to be authenticated on-site by eBay's team of experts.
This new store is part of eBay's ongoing efforts to enhance its shopping experience in the fashion category. This includes the expansion of the eBay Authenticity Guarantee, the launch of eBay consignment, and the acquisition of Certilogo, an AI-powered authentication provider. The Authenticity Guarantee for streetwear applies to select apparel items from eligible brands in the men's and women's clothing categories, whether new or pre-owned, priced at $200 or more.
