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Luxury sneakers: high style and a booming market

Christian, aged 10, has 20 pairs of high-end sneakers in his closet at his home in the suburbs of New York. Maxance, who just turned 14, asked his parents for an 800 USD pair of Adidas shoes for his birthday. He did not get them. "We live in a world where sneakers are basically works of art," the teenager said. The world is also one in which...

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