163888

CNBC Explores the Sneaker Heel Collecting Game

CNBC Explores the Sneaker Heel Collecting Game

Cnbc Explores The Sneaker Heel Collecting Game

Athletic performance footwear has been in demand for over a century but only over the last ten years has the Sneaker Heel sub-culture ballooned into a world-wide cultural marvel. Nike has grown to an empire based on its performance engineering but Citi-group estimates that 80% of their footwear game are driven by fashion and current trends, and maintains that Nike’s stranglehold on the Sneaker Heel sub-culture is solely based on consumer hype. That may explain why Nike’s stock has risen incredibly high compared to the S&P, but it is still below that of a Sneaker Heel collection of Yu-Ming Wu, founder of SneakerNews, who spent $80,000 on sneakers over the last eight years on a collection with a current market value of over a quarter of a million dollars.

zapatillas de running Brooks hombre trail media maratón talla 44.5, CNBC embarked upon an explorative journey into alternative investing and directed its attention towards the world of sneakers as a potential cash cow, hitting all the landmarks of the sneaker-mecca that is New York City, like Flight Club’s new location on Broadway and Sneaker Heel Con, to take a peek at what really lies beneath the hobby of collecting sneakers. What they might have discovered is that the Sneaker Heel sub-culture is now a mainstream, and with that, the profitability of collecting sneakers will grow in unison with that trend. One shoe of focus was the Air Jordan IV ‘Undefeated’, which was a shoe not even intended for sale and destined for Friends and Family, but has a current market value of a few thousand dollars and will potentially grow each passing year. Continue reading for a the full CNBC video and let us know what shoe in your collection has gained the most ‘value’ over the years.


zapatillas de running Brooks hombre trail media maratón talla 44.5

Latest News

Cam Newton shoes look like they were on the windshield for a long road trip | Jordan Restock At World Of Flight Philadelphia

The City Of Brotherly Love is feeling the extra affection from Jordan Brand this winter. Chosen as the first-ever Jordan World Of Flight retail concept...

by Sneaker Heel News 11 hours
3380

Jordan Brand's World Of Flight Retail Concept Hits Philadelphia, The First In The U.S.

The newest location of Jordan Brand’s World Of Flight retail mission is finally hitting the home turf. On October 10th, Philadelphia will be home to...

by Sneaker Heel News 11 hours
1115

Nike Is Dropping "Carbon Fiber" Foams For Kids

The last few seasons of Nike Foamposite One releases have brought kids along for the ride. With the Nike Air Foamposite One “Carbon Fiber” set...

by Andrew Rizzo 12 hours
276