Resale Report :  11.5.16

If there was ever a weekend that proves, without a doubt, that the  sneakergame is oversaturated, the week ending November 5th was it.


Jordan Brand

Jordan Brand was, naturally, in the mix with yet another ‘OG’ retro, this time the ‘headline’ shoe being the  Air Jordan 1 ‘Black Toe‘.

Staying true to form, the ‘Black Toe’ was more-limited-than-necessary, sold out everywhere within hours,  and has been quick-flipping for $250-$300. It’s also  the latest Jordan shoe to unseat a Yeezy, Ultra Boost or NMD from the top spot of StockXs ‘Most Popular’ list. 

 

There was another, far more expensive, far more exclusive ‘Instant Grail’ retro that dropped on the 5th:  the ‘Trophy Room’ retro 16 in French Blue.

 

At nearly $300 retail , however, that niche silhouette  was always going to be a shoe many (if not most) would happily shrug at.
This  explains the paltry number of sales for what was essentially a hyperstrike, as well as the shamefully low  markup of just about $125 over retail on average (with one sale for $300 even according to StockX data.) Nobody really wants that shoe.

A third special edition Jordan release ,  the Grade School exclusive ‘Red Velvet’ Heiress 1s were listed on the Sole Collector calendar as having a November 5th drop date just like the other J’s. They popped up on Nikestore unannounced, however, during the middle of the week prior to that.  By the 3rd, the shoe was down to just two sizes. Pairs have been moving on ebay for around $200, $50 over retail.

Another XXXI  colorway – the Chicago – released on the 5th. It  can be easily found in all sizes here.

Nike

The Swoosh took center stage once again over weekend.
Nike began its onslaught of releases on the 1st with the ‘Black Toe’  Lebron Soldier 10 , a sitter that can be found in a full size run here .

Two days after that drop, it was Nike Sportswear and NikeLab’s turn to drop their respective fare.
The ever-popular Air Presto Mids   received upgraded, winter ready materials and dropped in three styles – two Men’s,  one WMNS. The women’s colorway has sold out of a few sizes, but is doing little in the aftermarket.

Nikelab’s triplicate colorways of the techy, $250 Lupenik sneakerboots also dropped via SNKRS, once again with two Men’s colors, one for the ladies .  Apart from a couple of sizes of the women’s style, those shoes are sitting.

On the eve of  ‘Release Saturday’, Nike teased sneakerheads with  two limited releases:  an Air Force 1 Low in Desert Camo,  and a  fresh, printed pair of Lebron 13 Lows dubbed the ‘Family Foundation’. 

Both sold out, but only one – the Lebrons – are doing anything in the aftermarket, reselling for $250-$300, a decent quick-flip for a shoe that was possibly an easy cop in some markets.

Main Event…..

Nike had four colorways – OliveBlackGolden Beige , and Light Bone – of a new silhouette, the Special Field Air Force 1, on deck for the 5th.
These babies  dropped in limited numbers at a handful spots, one of which was super-boutique, Kith, whose preview of the collection certainly upped the cool cachet of the kicks to those curious about them.

A fifth, secret colorway  released at ComplexCon, and ended up as the most sought-after one of them all:  the White on Whites.
Simply put, the SF AF1 is one of the best Nike releases of the year. The shoes took what is easily Nikes most iconic silhouette, the Air Force 1,  and literally rebooted  it into a premium quality masterpiece.
Taking inspiration from another overlooked Swoosh silhouette, the Special Field tactical boot, Nike created a mashup shoe that, with its ultra high collar and added straps,  was  immediately reminiscent of the  Riccardo Tisci Air Force 1 collection, one of the most popular, most  expensive Uptowns in the aftermarket.

That is no small point, for while some sneaker buyers may have been tempted to dismiss the Special Fields as yet another super-expensive NikeLab release destined to slowly sell through, the kicks cogniscenti no doubt had their ears pricked, sensing the possibility of a big drop on tap.
Indeed it was. The limited pack of uptowns was priced at a relatively modest $200 for the men’s and $185 for the women’s colorways.  In the wake of a solidly-marketed rollout and perhaps a shift of focus follwing the instantly-gone Black Toes, every SF AF1 colorway sold out quickly.

They wasted little time catching fire in the aftermarket, with the mens colorways quick flipping for anywhere from $350-$400 for the Black colorway, while the Olive and White colorways commanded asking prices of  $500-$600.  The women’s colorways – Light Bone and Golden Beige –  have been also been reselling for $350-$400.

adidas

The ‘Brand with Three Stripes’ was extremely quiet over the weekend of the 5th.
On the 3rd, adidas once again released its ‘Reflective Pack’ of Ultra Boosts. The kicks – two UB’s, one Black , one White; one Uncaged in White – sold out, yet have been idling at slightly above retail levels in the aftermarket. Not much excitement there.

In addtion to those, subsequent drops like the EQT Xeno , ADV, and Wool shoes,plus the  Andrew Wiggins Crazy Explosive ( originally made for John Wall) made no noise.

Meanwhile, the END x adidas two-piece collab featuring a NMD Chukka,  and the ZX700 boat shoe,  dropped as a store exclusive, with a wider release set for following friday. Those kicks seem likely to be forgotten about.

The Others

Reebok dropped another colorway of the Question mid in the ‘Dress Code’ colorway,  while atmos collaborated with Puma on the ‘Clyde’ for a very dope shoe that will  likely be forgotten about, lost in the shuffle of increasing holiday drops and restocks from bigger brands.The Pumas, available online via just one  boutique , Feature, are almost gone, but those Reeboks  are readily available here.
Boston boutique Bodega also had a fresh collab on deck, combining with  Vans on a Sk8-Hi it dubbed the ‘Instant Winner’.

Despite being priced at a premium $150, the kicks – too dope to sit – sold through.

They aren’t exactly flippers, though, hence  enterprising sorts looking for a big payday would have done well to try reselling the Special Field AF 1s, rather than seeking nearly triple the box price for a pair of these.

Lastly, Concepts combined with New Balance for an incredibly limited (40 pairs) shoe whose main draw is a 3D printed midsole. $350 box price. Oh yeah…….

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