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Old 06-08-2012, 01:49 PM  
mlyonsd mlyonsd is offline
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Would you pay $1000 for a pair of sneakers?

Fans willing to pay 400% markup for Kanye West sneakers

By Zlati Meyer, Detroit Free Press

ROYAL OAK, Mich. – Outside Burn Rubber, a sneaker boutique that plans to sell Kanye West's highly anticipated Nike Air Yeezy II Saturday morning at a 400% markup, a secondary economy flourishes amid the colorful camping chairs lined up on the sidewalk. The two dozen people — mostly young men — sell their spots in line or pay others to hold their place.
Some have been there since last Friday, waiting for the chance to pay $1,000 for $245 kicks.

Dariante Dubose, 21, a student who lives on Detroit's west side, arrived Tuesday and is fourth in line because he bought someone's spot for $400 to ensure he'll be able to buy his size, 9.

"My mom stays in my spot when I go home to shower for an hour," said the expert sneaker-waiter, who came equipped with his computer, iPhone and headphones, along with a zebra-print Snuggie, gummy bears and the book "A Feast for Crows." "I decrease my water intake. I've been here three times before, so I know what to do."

If people don't have proxies to stand in for them during a needed break, the group will often simply make note of the departure and hold the spot. For example, a man was allowed to leave to administer anti-seizure medication to his nephew. But others, like Keenan Hastings, who ironically works at Footlocker, weren't taking any chances; the 21-year-old Auburn Hills resident took the week off work to wait in line -- and is No. 3 in the queue.

"It's a democracy," said store co-owner Roland Coit.

And it's capitalism. On eBay, a pair was pre-sold for $90,300.

Sneakerheads camping out before a new shoe "drops" isn't a new phenomenon. What makes this run of kicks new, though, is that it's a limited release and that the name on it doesn't belong to an athlete a la Jordans and LeBrons.

The Burn Rubber sneaker strangers have bonded. The store — which has never sold a $1,000 pair before, a price dictated by the marketplace, according to manager Jay John Henry -- allowed the people in line to hang out in the air-conditioned store and charge their electronics. (Plan B involved running an extension cord off a city lamppost.) Bathroom breaks are taken at the nearby Coney Island or the restroom in the parking structure. Gemmayze Lebanese Kitchen dropped off free chicken, steak and falafel sandwiches.

"I want to make sure the boys get some chow," explained Justin Nellis, a line cook, who was helping promote the local restaurant's new lunch menu.

Henry has seen only the sealed box in the store that contains an unknown number of pairs. He plans to buy a pair for himself -- with no employee discount.

And they won't stay in the box or on display.

"I'm going to wear them and destroy them," he said, personally motivated by his love for sneakers and a collection of 200+ pairs. "Some people like designer shoes, how limited it is. Some people are Kanye West fans. They want everything he puts his hand on."

Bianca Deramo, a 20-year-old model from Detroit's east side, was one of two women in the gaggle. Because of some disagreements about the line, she could only estimate that she's 15th in line.

"I'm not going to be like other people and never wear them," she said. "I'll wear them, but keep them clean, in case I want to sell them. I'm not a big Kanye fan, but I like expensive shoes."

http://www.usatoday.com/money/media/...nch/55459428/1
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Old 06-08-2012, 01:51 PM   #2
kepp kepp is offline
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Old 06-08-2012, 01:54 PM   #3
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I wouldn't pay the regular price.


Hell, I wouldn't pay half of the regular price.


****, I wouldn't wear a Kayne West product if someone paid me.
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Old 06-08-2012, 01:55 PM   #4
rockymtnchief rockymtnchief is offline
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Hell no.

I could buy some new cowboy boots, hiking boots, work boots, a keg and still fill my tank for that much.
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Old 06-08-2012, 01:56 PM   #5
alnorth alnorth is offline
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A good pair of Nikes will pay for themselves by lasting much longer than cheapo Wal-Mart sneakers, but this is insane. I wouldn't pay too much more than $100-120 for a good pair of shoes with just the swoosh and no one's name on them.

edit: if that sounds high (since Nike does make plenty of $70 shoes), I prefer basketball high-top shoes as my everyday sneaker because they are terrific for making sure that you never seriously sprain your ankle.
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Last edited by alnorth; 06-08-2012 at 02:02 PM..
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Old 06-08-2012, 01:57 PM   #6
Buehler445 Buehler445 is online now
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Old 06-08-2012, 01:57 PM   #7
Buehler445 Buehler445 is online now
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Oh. Hell. They're actually shoes. Hell no.
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Old 06-08-2012, 01:57 PM   #8
Micjones Micjones is offline
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Air Yeezy's are ugly. I wouldn't pay $100 for those.
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Old 06-08-2012, 02:01 PM   #9
Bwana Bwana is offline
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Originally Posted by rockymtnchief View Post
Hell no.

I could buy some new cowboy boots, hiking boots, work boots, a keg and still fill my tank for that much.
Exactly!
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Old 06-08-2012, 02:01 PM   #10
seclark seclark is offline
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i buy fairly cheap sneakers. just wear them to the river, or casual. wife buys expensive ones because she runs all the time...buys a new pair every few months. it's important that she wears good shoes for running because i'll need her to push me around in my wheelchair one of these days.

who the **** is kanye west?
sec
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Old 06-08-2012, 02:03 PM   #11
Buehler445 Buehler445 is online now
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i buy fairly cheap sneakers. just wear them to the river, or casual. wife buys expensive ones because she runs all the time...buys a new pair every few months. it's important that she wears good shoes for running because i'll need her to push me around in my wheelchair one of these days.

who the **** is kanye west?
sec

Is he the one hammering Kim kardashian's twat?
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Old 06-08-2012, 02:03 PM   #12
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i buy fairly cheap sneakers. just wear them to the river, or casual. wife buys expensive ones because she runs all the time...buys a new pair every few months. it's important that she wears good shoes for running because i'll need her to push me around in my wheelchair one of these days.

who the **** is kanye west?
sec
Yeah, the only shoes I'll pay more than $40 or $50 for are my running shoes, and those are at least $100 a pop because of my flat feet.
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Old 06-08-2012, 02:04 PM   #13
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Hell no.

Of course, if you'd asked me 25 years ago if I'd ever pay $5 for a cup of coffee.....
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Old 06-08-2012, 02:06 PM   #14
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Old 06-08-2012, 02:06 PM   #15
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