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Consumers started to collect, trade and resell sneakers in the 1970s, and the sneakerhead subculture came to prominence in New York City during the 1980s. Sneakers such as the Adidas Superstar and Puma Suede were popularized by b-boys and hip-hop artists, [4] and Nike's Air Jordan line revolutionized the industry with its marketing linked to superstar basketball player Michael Jordan.
Reselling Air Jordans have become highly profitable and hundreds or thousands of dollars are spent on rare sneakers, including the original 1985 Air Jordan I on StockX selling up to $20,000. [72] Upon the height and rise of the sneaker community, the resale market is estimated to be worth $2 billion and is expected to gain $4 billion more by ...
The shoes get their name from the documentary miniseries The Last Dance, which focuses chiefly on Jordan and the 1997–98 NBA season. The shoes were sold by Truman in 2020 for US$215,000. The shoes were later auctioned by the buyer in April 2023 for US$2.238 million, which was the highest sale price ever realized for any shoes.
The valued sneakers were worn during the basketball star’s NBA Finals game in 1998 during his last year with the Chicago Bulls Michael Jordan’s 1998 Air Jordans sell for record $2.2m at ...
The Sneakers Shop consists of rare game-worn and autographed shoes from Geller's collection, including a Nike Air Max 1 signed by Tinker Hatfield, a pair of Reebok Pumps signed by Shaquille O'Neal, and a pair of Michael Jordan's game-worn and autographed Air Jordan 7s. [71] [72]
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