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Stock impact report

Five Trendy Sneakers Under $125 [Forbes]

ADIDAS AG S/ADR (ADDYY) 
NASDAQ:AMEX Investor Relations: adidas-group.com/en/investors/overview
Company Research Source: Forbes
Five Trendy Sneakers Under $125 As hype drives the sneaker industry’s valuation into the $21 billion dollar range, the resale sneaker market grows as well. Air Jordan’s "Travis Scott" sneaker dropped May 11 for $175, but most times, with a sneaker as coveted as these, it seems nearly impossible to nab a pair, especially for a sneaker novice. They’re listed on resale sites for around $900 and some have sold for around $2,500. While we see a lot of talk about sneakers that are “hype,” it’s not impossible to pick up a pair that is on-trend or looks cool that won’t run $200 or more. And, with Donald Trump's proposed 25% tariff increase on select Chinese goods, sneaker prices could soar. Not only are manufacturers creating affordable, albeit really cool, sneakers, but unbeknownst to the average consumer, you can actually get some sneakers below retail on resale sites, too The “dad” or ‘90s-inspired sneaker trend is still carrying on strong. Bright colors are very much “it,” and summer is a Show less Read more
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