It should be stated that supply chain issues are hindering the work which could be taking place at this time. There are several moments where sneaker companies are able to generate considerable interest around the basketball segment: The holiday season – This is traditionally the moment when Nike drops a Jordan 11. They released the…
Nike gives you plenty of opportunities to help fight climate change through your shopping choices. Source: How Nike Helps You Help the Planet There isn’t any secret that resale is getting more difficult to do. The Golden Goose isn’t done laying eggs, but the multitude of issues potential resellers face in a post-Covid environment are…
SV Sports is your one stop shop for sports gear, sportswear, novelties and more. Browse online today and get free shipping on $75+ orders! Source: Online Sporting Goods & Sportswear Store | SV Sports Under Armour is making a considerable effort to ramp up their activities in Youth Sports. I discussed this in a recent…
Matt Priest and Andy Polk interview me for episode #309 of Shoe-in-Show. The question is how resale is being shaped by the supply chain and by StockX becoming the dominant source in sneaker resale. Check out the entire episode here: https://shoeinshow.com/episode/309-chris-burns-lights-again/
The picture above is of a different location than the picture below in this article. At least 6 stores in this region have been burglarized in the last six months. As Nike has increased pressure on wholesale accounts with their Consumer Direct Acceleration, certain stores are being considered valuable partners. Hibbett Sports is one of…
Mobb Deep once opened a song with the words: There’s a war goin on outside, no man is safe from You could run but you can’t hide forever from these, streets, that we done took You walkin witcha head down scared to look You shook, cause ain’t no such things as halfway crooks The song…
Foot Locker shares are tumbling after the retailer forecast revenue to drop in 2022. Source: Foot Locker shares sink after retailer says 2022 sales will fall as it expects to sell fewer Nike products This is not gloating. I have a lot of friends at Foot Locker and it pains me to read a post…
The sportswear megabrand appointed the designer as global creative director in September 2020. Photo from Cratemaster under Kerby Jean-Raymond’s direction. Source: Pyer Moss Founder Kerby Jean-Raymond Departs Reebok Less than a year ago I celebrated the beautiful imagery and marketing coming from Reebok. As I celebrated, I also realized that adidas was possibly putting lipstick…
In this new partnership, Designer Brands will invest in the first Black-owned footwear factory in the United States – JEMS by Pensole – to produce shoes designed by PLC graduate students, to be sold exclusively at DSW. Source: Designer Brands Announces $2 Million Investment into First Black-Owned U.S. Footwear Factory, Partnering with Dr. D’Wayne Edwards, President of…
From Bloomberg: Data show sustained consumer pivot away from Western brands (partial graphic above from Bloomberg) From Nike’s Fiscal 2022 Q2 report: Revenues in Greater China and APLA declined, largely due to lower levels of available inventory resulting from COVID-19 related factory closures Source: How Nationalism in China Has Dethroned Nike, Adidas Bloomberg recently ran…
Year over year comparison finally reflects the reality of what I’ll label as Unassisted ReSale vs Assisted ReSale. What do I mean by URS vs ARS? Unassisted is the process of acquiring sneakers via legitimate methods: Retail purchasing and arbitrage, using the sneaker apps to win elusive, more coveted pairs, buying wholesale, all legit without…
Under Armour Borrows 700,000,000 Million Dollars to Offset COVID-19 | via Baltimore Business Journal – ARCH-USA Under Armour Shines in Q421 Report Wholesale revenue increased 36% to $3.2 billion in 2021. Our Direct-to-Consumer business was up 26% to $2.3 billion in 2021. And finally, one more record – having ended the year with $1.7 billion…
BEAVERTON, Ore., Dec. 20, 2021 — NIKE, Inc. (NYSE:NKE) today reported fiscal 2022 financial results for its second quarter ended November 30, 2021. Source: NIKE, INC. Reports Fiscal 2022 Second Quarter Results NIKE Direct sales were $4.7 billion, up 9 percent on a reported basis and up 8 percent on a currency-neutral basis. Nike’s Direct…
written by Kaizen and Kayon Menzie From Instagram to TikTok, social media plays a huge part in the sneaker enthusiast community. But which pairs dominate social media as the most popular kicks? adidas Superstar is the most Instagrammable sneaker adidas Superstar is crowned the world’s most popular sneaker on Instagram with a whopping 4,266,951 hashtags for the…
written by Kaizen and Kayon Menzie Flipping sneakers is an ever-growing trend with people making a living from buying and reselling footwear, and it’s no surprise with some pairs selling for tens of thousands of dollars. The make and model of the highest sneaker pairs sold on eBay include: Rank Brand Model Highest bid price sold…
written by Kaizen and Kayon Menzie Price is a huge factor in people’s decisions when buying sneakers, but which pairs are the most affordable and most expensive? The adidas Yeezy Boost 350 V2 takes the number one spot as the sneaker with the biggest wallet bite; selling for a whopping $372 per pair on average,…
written by Kaizen and Kayon Menzie With the average man owning 12 pairs of shoes and the average woman owning a staggering 27 pairs, it’s safe to say that many of us are footwear obsessed. Sneakers are continuing to rise in popularity, as many opt to wear these on all occasions, ditching formal work shoes or a…
written by Kaizen and Kayon Menzie When it comes to your sneaker game, one of the best feelings can be showing off the newest heat you’ve added to the collection. Whether you copped a limited release, or you wanted to show the world just how well you pulled off the latest trend, Instagram is the…
Doing my weekly retail dive and I ran across two store merchandising layouts that blew my mind. Unfortunately, I only took one picture, so I have to explain the other. I entered the mall and walked immediately to City Gear. The store carries a variety of streetwear labeled with the term “urban”, which is trade…
In this video, I discuss why sneaker media needs to be careful accepting the Point of Sales data stating that Yeezy/adidas jumped over the Jumpman, again. Remember in 2017 this was stated, but I found that the data didn’t include Nike’s Direct Sales: Why You Should Question NPD’s Data About adidas Overtaking Jordan Brand I…
StockX and GOAT are platforms built to avoid issues requiring insurance by sellers. This is a benefit of selling on those sites. The seller and buyer remain anonymous throughout the transaction, placing the burden upon StockX and GOAT to maintain a friction free exchange. While this appears to be a benefit, the amount of money…
In a Business Insider report from Matt Kish, the article discusses the loss of long-time employees at Nike. With people leaving the Berm who helped build the culture, there is concern that this could create a disconnect between the brand and its fans. “By financial metrics, Nike CEO John Donahoe is a success, but insiders…
