Sotheby’s has opened bidding on what will be the most expensive sneaker ever sold at auction: a pair of Nike Air Ships worn by Michael Jordan. Current bidding is at 1.1 million dollars, with estimates of a sale to reach 1.5 million dollars. The British auction house says the sneakers are accompanied by a Letter of Provenance from its owner, Mr....
Oct 18, 2021
Everything from supermarkets to fuel to fashion seems to be getting more expensive. Footwear is the latest category to see an increase in prices, as inflation surges at the fastest rate in 20 years. In the U.S., consumer prices have risen 5.4 percent in September alone, with further increases expected throughout the remained of 2021 and the...
Oct 14, 2021
Rares, an online community and marketplace for investing in ultra-rare sneakers, has secured fresh funding to drive its growth. The company raised almost 4 million dollars in a seed funding round led by MaC Venture Capital, with additional participation from Cake Ventures, Portfolia Rising America Funds I and II, and Evolution VC. The company...
Oct 13, 2021
Buying and selling sneakers is a business that currently has the potential to reach 30 billion dollars globally by 2030. Limited supply, buoying demand an a fast-paced tech-enabled global market are doing the rest. Major footwear brands tend to release a small number of their most iconic designs, adding to demand and anticipation. For example,...
Sep 28, 2021
Luxury department store Neiman Marcus has partnered with Hypebeast, the sneaker and streetwear authority, to launch a shoppable, virtual showroom featuring exclusive footwear from 11 luxury brands. The online campaign concept aims to bridge the respective influences of both retailer and the streetwear platform giving its customers and visitors a...
Sep 22, 2021
Swiss performance brand On has officially been listed on the New York Stock Exchange, and to celebrate, 100 runners including the brand’s founder’s made their way alongside the Hudson River this morning over to Wall Street to ring the opening bell. On, known for its ‘clouds’ shoe technology, has become one of the fastest-growing global sports...
Sep 15, 2021
London-based luxury sneaker retailer Kick Game has secured 3.5 million pounds of fresh funding from growth capital firm VGC Partners as it eyes revenue of 50 million pounds in 2022. The company said it will use the funding to accelerate the expansion of both its online operations and physical store estate, with additional stores planned for the...
Sep 13, 2021
Adidas has announced that its digital festival ‘Members Week’ is returning from August 23 to 29, offering members the very best of Adidas from exclusive product drops to athlete and artist appearances. The week-long event via Adidas’ Confirmed app will feature 81 Golden Tickets, described by the sportswear brand as the “ultimate reward for...
Aug 23, 2021
Think of it as theAntiques Roadshowfor hypebeasts. The long-running TV show which sends its presenters across the nation, stopping in town centers to appraise antiques and heirlooms belonging to locals began in the UK over 40 years ago but soon spawned numerous international editions. Its focus encompassed items as diverse as glassware,...
Aug 16, 2021
Japanese sports and fashion brand Onitsuka Tiger has unveiled a limited-edition sneaker in collaboration with the Amazon Prime movie, Cinderella. The sneaker is a new take on the glass slipper that it states goes beyond gender and age, in line with the new modern and diverse perspective of the movie, which stars Camila Cabello as Cinderella...
Aug 11, 2021
Vans has unveiled a more sustainable approach to its everyday classics with its new Eco Theory collection reimagining iconic silhouettes with natural rubber and water-based inks. The Eco Theory collection is an evolution of Vans sustainable journey and leverages responsibly sourced materials across styles including classics like Old Skool Decon...
Aug 9, 2021
Puma has unveiled the first look from its new collaboration with Australian skate label Butter Goods. The collection is rooted in nostalgia and ‘90s sports styles and features the Puma Basket VTG with a corduroy upper in a vintage cream colourway and collaborative brand patch on each tongue. The pre-release, ahead of the full collection...
Jul 15, 2021
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