Millions in business with special models from Adidas and Nike

Stepan Timoshin

At the age of 22, the Vaditim founder was already making millions in sales with sneakers via his web shop.

(Photo: Vaditim)

Dusseldorf Stepan Timoshin’s business begins with easy pocket money. At the age of 14, the founder got hold of three pairs of sneakers from the strictly limited special model of the Nike Air Jordan 5 Shanghai in a Berlin sneaker shop. At the time, he paid 220 euros per pair, and he resold them for 300 euros. A good margin.

Timoshin got the idea from a video by Youtuber Qias Omar, who explained how this “sneaker reselling” works. And how he earned 500 euros on a pair of shoes. “I had to work two weeks for my holiday job in the hotel,” says Timoshin.

Today, eight years later, the entrepreneur no longer makes pocket money deals. Timoshin has achieved what thousands of young sneaker resellers dream of: His company Vaditim, with 120 employees, achieves sales of more than 40 million euros. And he doesn’t just make his profits with sneakers anymore.

Several tens of thousands of euros for coveted sneakers from Adidas and Nike

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