The fashion industry has witnessed thousands of trends and influences from celebrities and public figures. Yet the sneaker industry's status and popularity single-handedly enjoys is not a match for the rest. The craze has grown to the extent that special-edition sneakers are now manufactured by brands and collected by enthusiasts like pieces of art.
The Sneaker industry has already grown into a 79-billion-dollar industry, and the trend is far from declining. Amongst this lies a 10-billion-dollar share of the Sneaker resale industry that, on the one hand, is a source for the enthusiasts to enjoy pairs they cannot get their hands on fresh from the store. But there is another face to this coin. The limited-edition pairs have achieved the status of collectibles and are traded on the market for prices 5-6 times their original retail prices.