Pricey and limited edition sneakers can have people waiting in line for hours to get their hands on a pair. But unique kicks are no longer just private streetwear collectibles — they’re increasingly being recognized as a form of art.
“There’s a lot more energy around the buying, selling and making money off of sneakers than there used to be,” said Meredydd Hardie, a Toronto-based sneaker blogger with a dedicated Instagram following.
“A lot fewer people are buying to wear and a lot more people are buying to sell.”
StockX, a high-end sneaker resale company based in Detroit, recently reached a jaw-dropping $1 billion US valuation, proving how robust the global market is.
And that’s only the beginning.