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Stock impact report

How Much Is That Sneaker in the Window? [The New York Times]

Foot Locker, Inc. (FL) 
Last foot locker, inc. earnings: 2/28 06:45 am Check Earnings Report
Stadium Goods has positioned itself as the Tiffany’s of the high-end sneaker resale market. Shoppers checking out the merchandise at Stadium Goods. Some of the more expensive sneakers are encased in glass. Credit Mark Wickens for The New York Times Supported by By Bee Shapiro May 12, 2018 To walk into the 3,000-square-foot Stadium Goods store in SoHo is to be confronted by rows and rows of pristine, shrink-wrapped athletic footwear. Look closely and you might be a little stunned by the price tags. On a recent afternoon, for instance, a pair of white Nike Jordan 1’s by the fashion designer Virgil Abloh (Off-White, Louis Vuitton) originally priced at $190, was selling for $2,750. (No wonder it was enclosed in a glass case.) Nearby was a rare pair of Adidas PW Human Race NMD TR, designed by the musician Pharrell Williams. Price tag: $12,350. This is clearly not Foot Locker. The high-end sneaker market is big business these days, and the three-year-old Show less Read more
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