The unforgiving resale market for sneakers became a little more volatile today with a boost from the New York Daily News. Nike’s “Galaxy” Air Foamposite One escaped the sneaker blogs and landed on NYDN’s cover, applying the kiss of death to any hopes for grabbing these shoes at a reasonable resale price.
Despite the $220 box price, pre-release vultures are selling “Galaxy” Foams (see photos of the coveted sneaker here) for as much as $1,600. That price slides down after the shoe releases, but don’t expect a substantial drop. Each store will get a limited supply of the shoes, which are expected to fly off shelves at the speed of light.