Posted on 11/29/2025 5:17:32 AM PST by yesthatjallen
After years of explosive growth fueled by hype, exclusivity, and social media buzz, the U.S. sneaker market is facing a sharp downturn. Analysts and resellers alike are calling it a “crash,” as resale prices plummet and demand cools amid changing economic conditions and shifting consumer priorities.
This crash is hitting New Jersey retailers and resellers hard as high priced shoes are now competing with high energy bills, high medical insurance rates and increases in costs of living in New Jersey.
It’s only expected that the least necessary luxury items are taking a hit.
What’s Behind the Collapse
Oversaturation:
Major brands like Nike, Adidas, and New Balance ramped up production of once-limited models, flooding the market with sneakers that used to sell out instantly. Popular releases such as Nike Dunk Lows — once prized for their scarcity — are now available at retail or even discounted prices.
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(Excerpt) Read more at shorenewsnetwork.com ...
“See plenty of one shoe auctions on Ebay. Brand new. Pinched? Nah.”
I have bought lightly used sneakers there...That is a favorite model that is no longer sold new. Such as Asics nimbus and cumulus of xxx year.
“And, boy, do they suck.”
Lol - a seldom-mentioned feature of 23.00 Walmart sneakers.
I have a pair of black low-top Chucks at least 40 years old. Of course, I don’t wear them all that often, and I never play basketball now.
For every day, it’s cheap Walmart slip-ons or cheap lightweight hiking boots.
I bought a couple pairs of Hokas as they were recommended for plantar fascitis. They were heavy shoes but didn’t solve the problem. Then tried those barefoot shoes that are paper thin and feels like you’re not wearing shoes and they didn’t help much. Did some exercises and lost weight and that seems to have fixed the problem, hopefully for good.
I’ve long had a use tor those shoes; wear them for a bit, when new, but then strap them into fins to propel a pontoon boat. They’re saturated with lake water for some time, alternating with drying out. Grew mushrooms of some sort, one year.
Just like $10000 cowboy boots. If you buy those, you aren't going to use them to muck out stalls in a barn... 😀
I have owed a pair of New Balance 608 and they were the most comfortable tennis shoes I have ever had and when I ordered a new pair I found they had changed the material and they were now too stiff and uncomfortable. Tried again some months later and same thing. I read comments that also mentioned something was off.
I suspect cheaper material to save some money.
Slave made imported shoes. Who gives a crap if it crashes?
Prove it.
$1100 for sneakers?? Would it get me drafted into the NBA?
No.
pawn shops and consignment shops — maybe there are none in your neighborhood.
I’ve heard Ebay too — but those might be stolen. Actually the ones at the pawn shop could be stolen too.
I’m lucky to get a few months out of any pair of sneakers, so no way do I buy an expensive pair.
lol. You’re so insignificant.
Sounds like Econ 101 - the only value anything has is what someone is willing to pay for it.
As with anything “collectable” you have to find someone dumber than you to pay more for it.
EM
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