Look for the Air Jordan 11 “Concord” to release on December 8th at select Jordan Brand retailers and StockX. The retail price tag is set at $220 USD.
How much is sneaker reselling worth?
Sneaker resale is a global opportunity In a July report, investment firm Cowen estimated the global resale market to be worth about $6 billion in 2019, while total sneaker sales were more like $100 billion. Still, Cowen predicted worldwide resale could rise to nearly $30 billion by 2030.
Does reselling sneakers make money?
Compared to some other ways of making money online, the sneaker resale market is very profitable and valued at around $1 billion. While only 4% of shoes and sneakers are purchased upon release for resale, the market benefits from side hustlers and entrepreneurs who operate in different channels.