The No Restocks note is my red flag. That suggests launch kicks haven't sold before restocks hit and everyone that copped restock kicks thinks they can price it the old rate. They don't know they gotta compete with old prices and new product surge.
We can discuss FC's 20% but it's not better than reselling for self on eBay. Fewer headaches with feedback and ship too.
Not quite. If you brought in kicks today for $400, I can put the exact same pair/size at $375. My pair will sell first because I undercut you. If no one matches my $375, then your pair is available at $400. It's not some internal scheme, for sure.
It's a lot of stuff that stopped being (as) hot. Like a few years ago when they were stuck with AF1s. Now that's GR Huaraches and Roshes. Tourists, foreigners, and kids who go to FC and have to buy something for their Flight Club experience but don't have $300 in the budget cop from what I know.
Nike is producing more kicks, by flooding the market the demand slows down. Once NDC and the other online retailers find a way to fight bots and ATC services, which is mostly used by resellers, the resale hustle will die down dramatically. Resellers wanna make a quick buck and once the turnaround slows down and they have a bunch of pairs sitting on Ebay or consignment shops they gonna be hurting.
It's the small-time reseller that's hurting most. The people copping at retail hoping for the flip are the ones with the worst margins. Nothing stops shady boutique owners from unloading FSRs of GR sneakers at FC after receiving them from Nike. They're making the real money.
Edited by 2EyesEmoji - 6/1/15 at 10:51am