Kanye West’s meeting with President Donald Trump has reportedly seen the prices of his Yeezy’s sneakers drop drastically, according to MTO news.com.
Kanye West may be destroying the Yeezy brand that he worked so hard to create. Just one year ago, Kanye’s Yeezy sneakers would routinely sell for more than $1000 – shortly after they were released.
But that was BEFORE Kanye became a MAGA supporting lunatic. Kanye has since embraced Donald Trump and a racist anti-Black ideology, and that has turned off MILLIONS of his fans.
MTO News reportedly took a quick look at the sneaker store Flight Club’s website, to see how Ye’s new anti-Black political stances have affected his Yeezy sneaker prices – and they were shocked at what was seen
Kanye’s sneakers are now selling for close to retail value. The sneakers had a retail price of $200, and some are selling for less than $300. None of his newest sneakers are selling for more than $435.
To put that in perspective, just one year ago, it was nearly impossible to buy a pair of Yeezys for under $1,000.
Here are Flight Club’s website prices:
Besides Kanye’s politics tanking the brand Adidas also increased production of certain models taking away the “rare factor.” The strategy Adidas previously used for Yeezy releases was the “drop” model pioneered by street wear and sneaker brands, and now being adopted by luxury fashion. The basic premise is to offer occasional, limited releases of new designs, instead of putting out a large number all at once, keeping supply low and demand high.
Will other Yeezy styles retain their appeal though, if sneaker-heads see this shoe everywhere? It remains to be seen. As for the Yeezy 350 in triple white, its resale value keeps dropping, according to Stock X, and is barely any greater than the shoe’s original retail price.
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