Saturday, October 25, 2014

Secondary Shoe Market

FiveThirtyEight - "You See Sneakers, These Guys See Hundreds Of Millions In Resale Profit"

"Luber — a fanatical sneaker collector himself, with 178 pairs on display in his home — says eBay’s sneaker business totaled $338 million in the last year, up 31 percent from the year before. Sneakers, he says, have become “boxes of cash” for many people. As soon as Foot Lockers across the country open each Saturday, thousands of pairs are on eBay."

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