I didn’t see anything in the article for a timeframe of the downturn in sneaker sales. If it’s recent (i.e. month of November) it might be related to the “poor” having delays in their SNAP, giving them less money to blow on high end items.
The article states over saturation as a source and I agree. Im amazed how many folks wear and collect Jordans. The whitest of the whites…. 50-60 year olds… sneakerheads. The manufacturers caught on and flooded the market with psuedo collectable shoes diluting the pool. If everything is “rare” than nothing is…. Like racism