In July 2022, Laura Sartor took over as Chief Executive Officer, while Jed Stiller and John McPheters moved into advisory roles.
[15] It operates a consignment model which means that, unlike peer-to-peer marketplaces, the company authenticates products from resellers before taking orders from customers.
[16][17] The model differs from those of many circular fashion retailers in that this step takes place before purchase rather than once a buyer has been found.
Sellers don’t list items themselves, but send them to Stadium Goods or drop them off at the company’s stores in New York City for inspection and verification.
[19] Initially a premium capsule collection of 11 high-end basics like a varsity jacket and a rugby sweater, STADIUM is designed by Greig Bennett, founder of Orchard Street clothing and planned to be kept fresh via regular drops and collaborations.