Sneaker Resale Market Reaches $1 Billion
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Sneaker hype is crazy right now with Foot Locker stores having lines around the corner on the nights leading up to release dates. People are making over $100,000 going into stores, buying up sneakers and selling them online and to re-sale stores like NYC’s “Flight Club”. $1 billion may seem like a lot, but that number pales in comparison to the $55 million industry the sneaker market is on its own. What that crying Jordan meme doesn’t show you is that the guy wiped it all away with $100 bills.
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