What’s your opinion on why the 3 fear are sitting? I figured they would have sold out so fast but it looks like everywhere still has it in stock. I’m debating waiting a few days to see how low they drop on goat before picking up a pair under retail.
What’s your opinion on why the 3 fear are sitting? I figured they would have sold out so fast but it looks like everywhere still has it in stock. I’m debating waiting a few days to see how low they drop on goat before picking up a pair under retail.
The amount of drops from Nike has increased as have their production figures. This is most likely due of several factors.
Nike didn’t foresee the drop off in demand. Who can blame them as the economy pivoted rather quickly as they were mostly likely increasing figures. One of those reasons for them to increase figures was probably to fight against sneaker reselling.
Nike is a public company and return to shareholders is a top priority. When the economy did a 180, they figured it would be hard to comp the prior year figures. Why not increase supply and pump that to retailers for sales, trying to match last year figures?
At least in Canada, before and during Covid, banks were offering stupid deals on variable mortgages such as prime minus 1.25. People locked in won’t be impacted until renewal, which is going to be a shock, but those with variable rates are experiencing what can be large increases in their payments. This comes at a time when a lot of people are being asked to repay the support they received during Covid.
Nearly everything else is more expensive. The average basket $ at the grocery store has increased substantially. Going out to eat now costs substantially more. With Christmas around the corner, buying those gifts in most cases is going tocosts a lot more than it did even a year ago.
Obviously there is more but, those are enough to make the vast majority of wallets pucker up.