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.
SNIP
(Excerpt) Read more at shorenewsnetwork.com ...
Some of those shoes sell for tens of thousands of dollars. It is unbelievable. I welcome the crash.
I buy Walmart sneakers for $23.00 a pair.
Oh, noes!
A crash in high end sneakers? That could work a real hardship on Chinese and Southeast Asian sweatshops. It could even lead to starvation among gulag workers. And the effects would inevitably filter upstream and impact the uber-woke, invariably left wing U.S. companies that profit off third world slave labor.
This is just another sign that Americans are tapped out. People are spending more on the essentials, like housing, heating, food, transportation, and there’s nothing left for extras like $200 sneakers. The truth is we’re living in an economy distorted by government overspending, money printing, and constant intervention from the Federal Reserve, which keeps markets inflated while eroding the value of savings.
The recent scramble when government programs temporarily paused also showed just how massive and overextended the welfare system has become, and how many people depend on it. Meanwhile, anyone who’s not in the stock-market casino is falling behind in this K-shaped economy( rich get richer and poor get poorer and there is no middle class). In times like this, hype-driven luxury items naturally fall to the bottom of people’s priority lists. survival comes first.
-—— resellers-——
Who are the buyers of used sneakers?
Either way I look at these like Pokemon cards. Something valued by some but not by me. I think we recall long ago now some poor guy being murdered for their sneakers. Ghetto culture at large.
I have not purchased sneakers in a decade and don’t care.
Crime is more risky due to National Guard assistance.
Felony Flyers are no longer a sound investment..
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.
See plenty of one shoe auctions on Ebay. Brand new. Pinched? Nah.
My broker says, in the long run, that kind of investment could be a very good idea! What’s your broker say? Well, my broker is MR Duck. And MR Ducks says, “son how long can you wear sneakers, because you have about a thousand year supply!”
“I buy Walmart sneakers”
I bought a $17 dollar pair of white Walmart sneakers a few years ago and found them comfortable enough for just about anything.
Still keep a nicer pair of Skechers. But I never feel too bad if I accidentally scuff the Walmart pair.
>> 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.
“Beanie Babies”
The real players get cash for their EBT cards, to spend on today’s version of Air Jordans. YO! and Word! too.
And, boy, do they suck.
Slip-on’s... Once you wear them you’ll never go back to tying up shoelaces.
“Beanie Babies”
Not to worry, if the Pistons keep on playing like they have been, at least the Detroit NBA stuff should be a slam-dunk for sellers. They have new Home uniforms but I don’t care much for them. If they do win it all, maybe I’ll have had a change of heart by then and actually want to be seen wearing a pair of those shoes.
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