Sneaker industry bursting at the seams

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>>

  • Preview of 2014 NYC Triathlon

    Preview of 2014 NYC Triathlon

    Thursday, July 31 2014 1:52 PM EDT2014-07-31 17:52:57 GMT
    The anticipation is building as an estimated 4,000 people will be participating in the 2014 Panasonic NYC Triathlon. The fun begins at 5:50 a.m. on Sunday with the swim portion of .9 miles in the Hudson River. Participants jump into the water from a barge and swim in one direction the entire way. Swimming is followed by biking approximately 25 miles along the Henry Hudson Parkway. The final leg of the competition is a 6.2 mile run through Central Park.
    The anticipation is building as an estimated 4,000 people will be participating in the 2014 Panasonic NYC Triathlon. The fun begins at 5:50 a.m. on Sunday with the swim portion of .9 miles in the Hudson River. Participants jump into the water from a barge and swim in one direction the entire way. Swimming is followed by biking approximately 25 miles along the Henry Hudson Parkway. The final leg of the competition is a 6.2 mile run through Central Park.
  • Wedding gown found 2 years after storm

    Wedding gown found 2 years after storm

    Thursday, July 31 2014 11:38 AM EDT2014-07-31 15:38:59 GMT
    Two years ago, Nicole Pagliaro of Staten Island dropped off her wedding gown to be cleaned and preserved at a local dry cleaner when superstorm Sandy hit. The store was destroyed and Pagliaro assumed so had been her dress.  As her wedding anniversary approached, Pagliaro and her husband drove by another dry cleaner in town and saw the gown in the store's window. “I held on to the ticket because this was my only connection to my wedding dress,” said Pagliaro.
    Two years ago, Nicole Pagliaro of Staten Island dropped off her wedding gown to be cleaned and preserved at a local dry cleaner when superstorm Sandy hit. The store was destroyed and Pagliaro assumed so had been her dress.  As her wedding anniversary approached, Pagliaro and her husband drove by another dry cleaner in town and saw the gown in the store's window. “I held on to the ticket because this was my only connection to my wedding dress,” said Pagliaro.
  • Lassie, saving lives 10 generations later

    Lassie, saving lives 10 generations later

    Wednesday, July 30 2014 11:26 AM EDT2014-07-30 15:26:18 GMT
    Ten generations after the beloved, original TV collie Lassie hit the airwaves, a descendant, also named Lassie, is promoting a rescue mission. The collie is saving lives as an ambassador for “Save Them All” and encouraging adoptions to save lives of shelter animals through the Best Friends Animal Society.
    Ten generations after the beloved, original TV collie Lassie hit the airwaves, a descendant, also named Lassie, is promoting a rescue mission. The collie is saving lives as an ambassador for “Save Them All” and encouraging adoptions to save lives of shelter animals through the Best Friends Animal Society.
Powered by WorldNow

4739 NW 53rd Avenue, Sutie B
Gainesville, FL 32653

Phone: (352) 371-0051

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