Sneakers Surge

A designer’s death spurred a sneaker price jump. Virgil Abloh, 41, designer of Off-White and men’s artistic director for Louis Vuitton, died late last year from a rare cancer. In the immediate aftermath, sales and searches for Abloh’s designs reportedly surged on resale websites. Prices also surged on StockX, the “Nasdaq for Sneakerheads,” where sellers […]

Sneaker Collecting Will Knock Your Shoes Off 

The collectible sneaker culture started with Michael Jordan’s Nike Air Jordan 1s in 1985. A pair worn by Jordan in a game sold for $560,000 in May 2020. Air Jordan sneakers, seen on the feet of professional athletes and celebrities, created what are called the “sneakerheads” collectors in the early 1990s. These sneakers were usually […]