Sneaker industry bursting at the seams - FOX 35 News Orlando

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>>

  • Get past the stereotypes, say 'Rich Kids'

    Get past the stereotypes, say 'Rich Kids'

    Wednesday, July 23 2014 1:29 PM EDT2014-07-23 17:29:51 GMT
    There's more to the lavish lives of the stars of E!'s 'Rich Kids of Beverly Hills' than meets the eye. Dorothy Wang, daughter of billionaire retail tycoon Roger Wang; Morgan Stewart, daughter of architect-to-the stars Herbert Stewart; and E.J. Johnson, son of NBA legend Magic Johnson, say they're trying to send a different message in their reality TV show. "We’re here to shed the negative stereotypes of rich kids,’ said Johnson.
    There's more to the lavish lives of the stars of E!'s 'Rich Kids of Beverly Hills' than meets the eye. Dorothy Wang, daughter of billionaire retail tycoon Roger Wang; Morgan Stewart, daughter of architect-to-the stars Herbert Stewart; and E.J. Johnson, son of NBA legend Magic Johnson, say they're trying to send a different message in their reality TV show. "We’re here to shed the negative stereotypes of rich kids,’ said Johnson.
  • Good Day Cafe: quesadilla rustica

    Good Day Cafe: quesadilla rustica

    Wednesday, July 23 2014 10:55 AM EDT2014-07-23 14:55:58 GMT
    Executive chef Michael Armstrong of Bodega Negra in Manhattan prepared quesadilla rustica in the Good Day Café.
    Executive chef Michael Armstrong of Bodega Negra in Manhattan prepared quesadilla rustica in the Good Day Café.
  • Video gives sneak peek of new Star Wars movie

    Video gives sneak peek of new Star Wars movie

    Wednesday, July 23 2014 7:14 AM EDT2014-07-23 11:14:23 GMT
    Fans of the Star Wars franchise are getting another peek at the latest film courtesy of director J.J. Abrams. Abrams, shooting in “sunny London,” posted a video on Omaze plugging his “Force for Change” fundraiser to benefit UNICEF.  In the video, Abrams displays the new X-Wing Fighter being used on the set for Star Wars: Episode VII.
    Fans of the Star Wars franchise are getting another peek at the latest film courtesy of director J.J. Abrams. Abrams, shooting in “sunny London,” posted a video Omaze plugging his “Force for Change” fundraiser to benefit UNICEF.  In the video, Abrams displays the new X-Wing Fighter being used on the set for Star Wars: Episode VII.
Powered by WorldNow

35 Skyline Drive
Lake Mary, FL 32746

Phone: (407) 644-3535
News Tips: (866) 55-FOX35

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