Cause people keep buying them. They were expensive when I was a kid but I had to have them and they are even more expensive now. I can remember when everyone said it would be crazy to pay more than $100 for a pair of shoes. I think around the time the Jordan 4's or 5's came out they broke that barrier and haven't stopped going up
Coz Nike's rep as the world's biggest sporting brand has blown up to the point (well, long ago) where anything with a Swoosh (or a Jumpman) is the hottest thing on the planet.
You pay for the brand, the players who endorse it, commercials (TV, magazine, etc...) and everything they sponsor (like AAU teams, NCAA colleges, private prep schools)...and whatever other endeavors they have to fund.
quality is subpar anyhow. yuo ever bought any of the new generation jordans? last pari i bought was the jordan iv mars. did they look sick? fck yeah but they creased just at the thought of wearing them. the material is soooo cheap.
quality is subpar anyhow. yuo ever bought any of the new generation jordans? last pari i bought was the jordan iv mars. did they look sick? fck yeah but they creased just at the thought of wearing them. the material is soooo cheap.
I agree. I saw the flu game retro and remember clearly from 97 that it was not suede but leather. retros had suede material.
An oligopoly would apply to basic economics. They only are going to sell for what people will pay for them. If people quit buying them, the price would go down.
But not like it matters much since they make so much on a pair of kicks and are so popular.
An oligopoly would apply to basic economics. They only are going to sell for what people will pay for them. If people quit buying them, the price would go down.
But not like it matters much since they make so much on a pair of kicks and are so popular.
*looks down and sees a pair of Nikes*
Yes, I agree.
But refering to the person I quoted Earilier. Buying Addidas would not lower the price of Nikes.
Why is Nike so expensive?
