The Off-White Jordan 4 “Sail” recently became the most hyped women’s release in the history of StockX, an online resale marketplace.
The sneakers, which originally went for $200 at resale, broke StockX records among women’s releases by fetching an average resale price of $1,200, or more than 500% over retail, in just 48 hours.
Sales of women’s sneakers have grown in the last year, outpacing the market by 70%, according to data from StockX.
Visit Business Insider’s homepage for more stories.
The Off-White Jordan 4 “Sail” sneaker that dropped on Saturday has already broken records on StockX, a leading resale marketplace.
The sneakers, which originally went for $200 at retail, were released in a women’s-exclusive drop for Nike’s female customers. In just 48 hours, the Virgil Abloh-designed pair appeared on the resale market, breaking StockX records by fetching an average resale price of $1,200, or more than 500% over retail. The pair quickly became the women’s release with the highest price premium to sell on StockX in the last 15 years and the most expensive women’s pair to sell in the platform’s history.
Over 1,300 pairs of the Off-White Jordan 4 “Sail” sold on StockX in the first 48 hours of its launch. In terms of price premium, or percent of the increase over original retail price, new sneaker trails only behind the Nike Dunk Low Splatter (W), an 18-year-old sneaker that sold on StockX for more than 1,000% over retail price.
Data also suggests the Off-White Jordan 4 “Sail” was popular among male consumers as well, with larger sizes fetching more than smaller sizes on StockX.
More women are becoming sneakerheads
The success of the Off-White Jordan 4 “Sail” represents a …read more
Source:: Business Insider