Sneakerheads

Blink:

A sneakerheads review – people who collect, trade or covet sneakers as a hobby.  Resellers, capitalizing on the growing trend of these sneaker fanatics demanding limited edition, exclusive athletic footwear are still considered a small segment of total U.S. sneaker sales of $38 billion.  However, exorbitant sneaker prices continue to soar.

Read On:

The two leading sneaker resellers are Stadium Goods and GOAT/Flight Club.  They both understand that sneakerheads do not buy sneakers for utility, but a way to communicate personality – making a fashion statement.  Examples:

  • Louis Vuitton, originally priced at $190, currently selling for $2,750.
  • Pharrell Williams (musician) designed Adidas for $12,350.
  • Limited edition LeBron Nike shoes sell for an average of $6,000 a pair.

Exorbitant pricing or extortion, a fashion shakedown?

Are you a sneakerhead wannabe?  

4 thoughts on “Sneakerheads

  1. No and yes. I miss my high top Chuck Taylor All Star black that cost < $10 back in the early 70's but, in the summer they only lasted about two months of everyday basketball.

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  2. If a person bought $12,350 worth of $50 Tom’s Mens’ Sneakers, 247 other people would also have new shoes on their One-for-One donation program (ttps://www.toms.com/improving-lives). Hmmm…

    Like

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