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dropout

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dropout
File:DropoutReg.png
Native name
Dropout S.r.l.
Privately held company
ISIN🆔
IndustryRetail
Founded 📆2018
Founder 👔
Headquarters 🏙️Milan, Italy
Area served 🗺️
Key people
Members
Number of employees
🌐 Websitewww.dropoutmilano.com
📇 Address
📞 telephone

dropout is an Italian retailer specialised in the resale of limited edition sneakers and streetwear. Based in Milan, Italy,[1] it operates physical shops as well as an online store.

History[edit]

dropout was founded in 2018 by Kola Tytler (CEO and medical doctor[2][3][4][5]), Andrea Canziani, Federico Pasquetti (former store manager of Milan's Adidas flagship store) and Stefano Zeppieri (CTO), Italian sneaker collectors who had previously met via online streetwear communities.[6][7][8][9][10] Its retail location opened in the Colonne di San Lorenzo location in Milan in September 2018.[1][11]

In November 2018, dropout launched its e-commerce.

In December 2018 Vice filmed a documentary about dropout and the factory flawed Nike Air Jordan 1 on display in the store since its opening day.[12][13][14][15][16][17]

In Spring 2019 dropout and Crep Protect, sneaker care agency, announced a strategic partnership, with the aim of bringing more events and activations to the Milanese sneakerhead community.[18][19][20]

In Autumn 2019 dropout launched the series "Shopping at dropout" which sees participating artists shopping in the store and discussing with the host their career.[21][22][23]

In Autumn 2021 dropout announced the launch of its first funding round, via equity crowdfunding.[24][25] The round was held on Italian investment platform Mamacrowd and saw dropout raising €750k, with the company receiving backing from Azimut Holding and a number of private investors.[26][27][28][29]

HypeAnalyzer[edit]

dropout operates a consignment model where the company authenticates items from resellers prior to selling them on instore or online. dropout make use of an automated system of market analysis in order to determine rates and sale prices of the items its receive. Those rates vary per product according to criteria set internally by the team.[30][31][32][33][34]

References[edit]

  1. 1.0 1.1 "Dropout Milano, ecco dove comprare esemplari di sneaker esclusive". Affaritaliani (in italiano). 2018-09-11. Retrieved 2021-10-22.
  2. "General Medical Council". Unknown parameter |url-status= ignored (help)
  3. "Dropout, la storia del medico imprenditore mago delle sneakers". startupitalia.eu. Retrieved 2022-01-10.
  4. "Chi è Kola Tytler, a 23 anni fondatore di Dropout, la startup multimilionaria di rivendita di sneakers". TPI (in italiano). 2022-01-24. Retrieved 2022-01-27.
  5. Khan, Unzela (2022-02-20). "'I'm a 27-year-old A&E doctor and my side business is worth £2 million'". MyLondon. Retrieved 2022-02-23.
  6. "Dai campetti di basket al volontariato: così un medico 27enne ha creato un rivenditore di sneaker". Forbes Italia (in italiano). 2021-10-20. Retrieved 2021-10-22.
  7. "Dropout, la storia del medico imprenditore mago delle sneakers". startupitalia.eu. Retrieved 2021-12-24.
  8. "Come questi "sneakerheads" hanno trasformato il loro hobby in un'azienda da milioni di euro". UrbanPost (in italiano). 2022-01-13. Retrieved 2022-01-14.
  9. "Quattro chiacchiere sullo sviluppo della cultura urban in Italia con Andrea Canziani, uno dei founder di Dropout". SOLDOUTSERVICE (in italiano). Retrieved 2022-01-14.
  10. "Come questi "sneakerheads" hanno trasformato il loro hobby in un'azienda da milioni di euro". UrbanPost (in italiano). 2022-01-13. Retrieved 2022-01-27.
  11. "Streetwear. Dropout, il primo negozio a Milano di reselling". diregiovani.it (in italiano). 2019-04-13. Retrieved 2021-10-22.
  12. The Factory Flawed Air Jordans Worth $143,000, retrieved 2021-10-22
  13. "This Factory-Flawed SBB Air Jordan 1 Costs $125,000". Highsnobiety. 2018-09-20. Retrieved 2021-10-22.
  14. "This Factory Error Air Jordan 1 "Reverse Shattered Backboard" Is Selling for $147K USD". HYPEBEAST. 2018-09-21. Retrieved 2021-10-22.
  15. "Nike Jordan Reverse Shattered: Un difetto di produzione da 125.000 euro! • MVC Magazine". MVC Magazine (in italiano). 2019-03-11. Retrieved 2021-10-22.
  16. Nast, Condé (2019-09-13). "Sneakerness, tutto pronto per la seconda edizione di Milano". GQ Italia (in italiano). Retrieved 2021-11-03.
  17. Nast, Condé (2018-12-19). "Queste sono opere d'arte". Vogue Italia (in italiano). Retrieved 2021-11-04.
  18. "Stores – Crep Protect | Home". Retrieved 2021-10-23.
  19. "Cosa è successo all'evento di Dropout". nss magazine (in italiano). Retrieved 2022-01-14.
  20. "What went down at the Dropout event". nss magazine. Retrieved 2022-01-14.
  21. "Shopping at dropout - YouTube". www.youtube.com. Retrieved 2021-11-04.
  22. "Shopping at dropout - ep.2: Tony Effe". dropout (in italiano). Retrieved 2021-11-04.
  23. "Shopping at dropout - ep.1: Drefgold". dropout (in italiano). Retrieved 2021-11-04.
  24. "dropout goes public by landing on Mamacrowd". dropout. Retrieved 2021-10-22.
  25. "Un semestre bollente per il crowdfunding della moda". MF Fashion. Unknown parameter |url-status= ignored (help)
  26. "Achieved the goals of the funding round". dropout. Retrieved 2021-10-22.
  27. "MamaCrowd". mamacrowd.com. Retrieved 2021-11-04.
  28. "dropout goes public with crowdfunding campaign". nss magazine. Retrieved 2021-11-04.
  29. "Dropout, the temple of sneakers chooses crowdfunding" Check |url= value (help). Fotoshoe Magazine. 2021-10-29. Retrieved 2021-11-04.
  30. Ciment, Shoshy. "A sneaker reseller whose store has made millions in sales since 2018 shares the mathematical formula he uses to determine which pairs will skyrocket in value". Business Insider. Retrieved 2021-10-22.
  31. "Dropout, le sneaker diventano un asset di investimento". StartupBusiness. 2021-12-07. Retrieved 2021-12-24.
  32. "Intelligenza artificiale per gestire il "reselling" di sneakers: il caso dropout". Notizie.it (in italiano). 2022-01-12. Retrieved 2022-01-14.
  33. "Intelligenza artificiale per gestire il "reselling" di sneakers: il caso dropout". it.notizie.yahoo.com (in italiano). Retrieved 2022-01-27.
  34. "dropout - Kola Tytler". University of Birmingham. Retrieved 2022-01-30.

External links[edit]


This article "Dropout (retailer)" is from Wikipedia. The list of its authors can be seen in its historical and/or the page Edithistory:Dropout (retailer). Articles copied from Draft Namespace on Wikipedia could be seen on the Draft Namespace of Wikipedia and not main one.