How Does Sneakerheads Affect The Economy

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Some enjoy the understanding of the history, brands, and personalities each pair of shoes are born with. Originally referred to as plimsolls, they were rubber soled, plain shoes that didn’t even have a left and right foot. Many people have conflicting opinions and thoughts when they look at sneakers. Certain people's’ views on sneakers are that they are nothing more than an aid for your feet. On the other hand, there are others that enjoy collecting and reselling sneakers as a hobby, and view sneakers as a form of art. These people are formally known as “sneaker heads”. Sneaker heads have a huge impact on the economy, which really boomed when Michael Jordan signed a contract with Nike. After reading this essay, you will have great knowledge about the history of sneakers, about the art of sneakerheads, and how sneakerheads affect the economy.
The evolution of plimsolls advanced in 1892, thanks to the U.S. Rubber Company, who produced a more comfortable pair of rubber sneakers that contain a canvas top, called Keds, which finally began to be mass produced in 1917. Sneakers got their nickname because …show more content…

Dating back to the mid 1800s, they were called plimsolls, until the U.S. Rubber Company advanced them to be a more supportive shoe called Keds. From then on, more and more people started creating their own brands of shoes, such as Converse, Nike, Adidas, Puma, Nike, and so on. Once shoes and famous athletes meshed together, the prices escalated on the latest trends on shoes, which then lead to sneaker heads. Sneaker heads admired sneakers for their color, style, design, and who endorsed them, and enjoyed buying and reselling them. As the prices of more and more limited edition sneakers skyrocketed, it began to spark a huge impact on the economy because shoes were being sold for multiples of their retail value. Thanks to the progression of shoes and sneaker heads, there is appreciation for more than just the function of a