Sneaker industry bursting at the seams - myfoxcarolinas.com

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>>

  • CDC Ebola virus alert

    CDC Ebola virus alert

    Tuesday, July 29 2014 2:21 PM EDT2014-07-29 18:21:02 GMT
    Kent Brantly always wanted to be a medical missionary, and he took the work seriously, spending months treating a steady stream of patients with Ebola in Liberia. Now Brantly is himself a patient, fighting for his own survival in an isolation unit on the outskirts of Monrovia, Liberia, after contracting the deadly disease. The Texas-trained doctor says he is "terrified" of the disease progressing further.
    Kent Brantly always wanted to be a medical missionary, and he took the work seriously, spending months treating a steady stream of patients with Ebola in Liberia. Now Brantly is himself a patient, fighting for his own survival in an isolation unit on the outskirts of Monrovia, Liberia, after contracting the deadly disease. The Texas-trained doctor says he is "terrified" of the disease progressing further.
  • Teen YouTube sensation Bethany Mota on creating an empire

    Teen YouTube sensation Bethany Mota on creating an empire

    Tuesday, July 29 2014 11:10 AM EDT2014-07-29 15:10:26 GMT
    At 18 years old, Bethany Mota - a once bullied teen from California- has created one of the most popular lifestyle channels on YouTube. With nearly 7 million followers, Mota, who started out sharing makeup tips five years ago from her bedroom, has expanded to include DIY, fashion and perfume in her regular video posts. "It was something that happened gradually," said Mota about her fan base. She's produced more than 300 videos so far.
    At 18 years old, Bethany Mota - a once bullied teen from California- has created one of the most popular lifestyle channels on YouTube. With nearly 7 million followers, Mota, who started out sharing makeup tips five years ago from her bedroom, has expanded to include DIY, fashion and perfume in her regular video posts. "It was something that happened gradually," said Mota about her fan base. She's produced more than 300 videos so far.
  • That's So Nice! (July 28)

    That's So Nice! (July 28)

    Monday, July 28 2014 12:13 PM EDT2014-07-28 16:13:52 GMT
    Two teens still in college are doing remarkable things to help those less fortunate.Zach Certner of Morristown, NJ, is running an organized sports program for children with autism. Meanwhile, Paige Alenick of Woodcliff Lake, has helped distribute more than 107K toothbrushes worldwide to people in need."We teach kids the basic fundamentals. We give them a chance to be a kid. I just love seeing the smiles on the kids' faces," said Cerner.“We’re working on taking it nationally," said Alenick. "I...
    Two teens still in college are doing remarkable things to help those less fortunate.Zach Certner of Morristown, NJ, is running an organized sports program for children with autism. Meanwhile, Paige Alenick of Woodcliff Lake, has helped distribute more than 107K toothbrushes worldwide to people in need."We teach kids the basic fundamentals. We give them a chance to be a kid. I just love seeing the smiles on the kids' faces," said Cerner.“We’re working on taking it nationally," said Alenick. "I...
Powered by WorldNow

WJZY FOX 46
3501 Performance Rd.
Charlotte, NC 28214
Main Number: (704) 398-0046

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