Sneaker industry bursting at the seams - Boston News, Weather, Sports | FOX 25 | MyFoxBoston

Sneaker industry bursting at the seams

Posted: Updated:
NEW YORK (MYFOXNY) - Basketball and hip-hop go hand-in-hand in  New York City and from their beginnings came a fascination with sneakers that went on to become a global movement.

Author Bobbito Garcia explains the outlook on sneakers in his book, 'Where'd You Get Those?'

He says Americans spend $20-$25B yearly on sneakers.

“The brands feed the desire for that demand. New York is where that mentality came about. We all want to be unique. We ride the train, we want to stand out," said Garcia. 

In 2014, some oldies are still goodies and there are sneakers selling for as much as $750.

Sneakers are so popular that owners even trade them at conventions.

A big trade-in show- the 'Sole Exchange'-  is scheduled for Saturday, Mar. 22, 1 p.m.- 6 p.m. at Penn Plaza.

Some of the hottest kicks on the market you can expect to see at a trade-in show:

Lebron James signature sneaker: $200

Kobe Bryant signature sneaker: $225

Nike Free 5.0: $100

Rick Owens for Adidas: $750

Converse Chuck Taylor: $40

"Back in the day we traded Pokey Mon cards and Beeny Babies. Now, kids have $200 sneakers they flip for thousands of dollars," said Eliott Curtis, who taught a course on sneakers at Carnegie Mellon University.

"The Internet plays a big part," said  Garcia.

  • Today on Good DayToday on Good DayMore>>

  • That's So Nice! (July 28)

    That's So Nice! (July 28)

    Monday, July 28 2014 12:13 PM EDT2014-07-28 16:13:52 GMT
    Two teens still in college are doing remarkable things to help those less fortunate.Zach Certner of Morristown, NJ, is running an organized sports program for children with autism. Meanwhile, Paige Alenick of Woodcliff Lake, has helped distribute more than 107K toothbrushes worldwide to people in need."We teach kids the basic fundamentals. We give them a chance to be a kid. I just love seeing the smiles on the kids' faces," said Cerner.“We’re working on taking it nationally," said Alenick. "I...
    Two teens still in college are doing remarkable things to help those less fortunate.Zach Certner of Morristown, NJ, is running an organized sports program for children with autism. Meanwhile, Paige Alenick of Woodcliff Lake, has helped distribute more than 107K toothbrushes worldwide to people in need."We teach kids the basic fundamentals. We give them a chance to be a kid. I just love seeing the smiles on the kids' faces," said Cerner.“We’re working on taking it nationally," said Alenick. "I...
  • Anthony Anderson stars in 'Black-ish'

    Anthony Anderson stars in 'Black-ish'

    Thursday, July 24 2014 1:59 PM EDT2014-07-24 17:59:40 GMT
    One of the funniest actors and comedians in entertainment is using his real life as the basis for a new project. Anthony Anderson stars in 'Black-ish,' a semi-autobiographical comedy airing Wednesday nights after 'Modern Family' on ABC. The story line centers around an upper- middle class African American family. 
    One of the funniest actors and comedians in entertainment is using his real life as the basis for a new project. Anthony Anderson stars in 'Black-ish,' a semi-autobiographical comedy airing Wednesday nights after 'Modern Family' on ABC. The story line centers around an upper- middle class African American family. 
  • Hamptons fundraiser for music in schools

    Hamptons fundraiser for music in schools

    Thursday, July 24 2014 12:28 PM EDT2014-07-24 16:28:02 GMT
    Celebrity blogger Perez Hilton is helping get the word out about the VH1 Save The Music Foundation fundraiser in Sagaponack, Long Island on Friday. With funding for music education significantly reduced around the country, the foundation has provided more than $51 million in new musical instruments to 1,900 public schools in more than 192 school districts around the country."
    Celebrity blogger Perez Hilton is helping get the word out about the VH1 Save The Music Foundation fundraiser in Sagaponack, Long Island on Friday. With funding for music education significantly reduced around the country, the foundation has provided more than $51 million in new musical instruments to 1,900 public schools in more than 192 school districts around the country."
Powered by WorldNow

25 FOX Drive
Dedham, MA 02026

Phone (781) 467-2525

Didn't find what you were looking for?
All content © Copyright 2000 - 2014 Fox Television Stations, Inc. and Worldnow. All Rights Reserved.
Privacy Policy | Terms of Service | Ad Choices