Investing in sneakers in Singapore: How to flip exclusive sneakers to make profits

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Movies about superhero and supervillain origin stories are a dime a dozen, but there aren’t a lot of movies like Air (2023)—a film about the origin of a shoe. Released just this month (Apr 2023), the acclaimed film follows Nike reps as they pursue then NBA rookie player, Michael Jordan, to strike a business deal. The result: Nike’s Air Jordan...

Movies about superhero and supervillain origin stories are a dime a dozen, but there aren’t a lot of movies like Air —a film about the origin of a shoe.

Sneakers are a big deal. They aren’t just sportswear or fashion statements, but are also major pop and street culture phenomenons that both drive and get driven by sneakerhead culture. That’s why Singapore’s ArtScience Museum has dedicated 5 months to theirexhibition , why Air the movie shot and scored, and why sneakers have proven to be worthy investment tools amidst the booming sneaker resale market.

Alternatively, pro sneaker investors know which shoes have such high celebrity power and legacy that they can be bought at retail price in the hundreds, and then re-sold almost immediately on sites like eBay in the thousands. If you’re reading this article on how to get started investing in sneakers, this probably isn’t something you should hedge your bets on being able to do.

So yes, you can make a tidy profit from reselling sneakers. But you have to know how to pick them, which is what we’re going into next.2. What makes an investment grade pair of sneakers?

 

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