BRIDGEPORT, Conn. (WTNH)– It’s often referred to as the stock exchange for sports footwear, the buying and selling of sneakers. It’s a craze that’s been sweeping the country.
And this footwear is anything but ordinary.
“You flip a house, you flip a pair of sneakers. It’s just business you know and it’s fun,” said Dave Schneider, co-creator, sneaker show.
Dave Schneider is the co-creator of the first annual “Sneaker Show” held Saturday in Bridgeport.
And you’re probably wondering what makes those sneakers so special? Many of them are one-of-a-kind, between their brand, color and design. And that makes them a collector’s item.
“It’s this generation. You know your dad collected cars, I collected baseball cards. You know I’m 48, but this generation these are pieces of art. They’re rare. The company knows they are rare. They stream them out in a limited amount and it creates a frenzy,” said Schneider.
“You gotta understand each one has its own special thing to it and once you appreciate it, it’s really good,” said Owen Corazzelli, Easton.
“I like the culture behind the shoes the comradely of sneaker enthusiasts and the history it represents,” said Matt Rogers, Bridgeport.
For many, the key is to get their hands on a rare sneaker. They’ll then turn around and sell it for double, triple, even quadruple what they paid for it. It then becomes a trophy in someone else’s collection.
So just how lucrative is this whole buying and selling sneaker business? You have a shoe that goes for less than $100, while another sneaker is $2,000 and some are even higher than that.
“It’s a great way to learn how to make money, how to do it right. You don’t want to be a pig about it but the market is crazy,” said Schneider.
“I’m really hoping to keep this up because it’s what I love to do, between making money and sneakers it’s two really fun things for me,” said Corazzelli.
After this, you’ll never look at sneakers the same way.