1After years of explosive growth fueled by hype, exclusivity, and social media buzz, the U.S. sneaker market is facing a sharp downturn. Analysts and resellers alike are calling it a “crash,” as resale prices plummet and demand cools amid changing economic conditions and shifting consumer priorities.

This crash is hitting New Jersey retailers and resellers hard as high priced shoes are now competing with high energy bills, high medical insurance rates and increases in costs of living in New Jersey.

It’s only expected that the least necessary luxury items are taking a hit.

🚨 THE SNEAKER MARKET JUST COLLAPSED – AND NOBODY KNOWS WHY

A sneaker shop owner says the entire market “died overnight.” And the numbers are insane:

• Shoes that were $500–$600 now won’t move at $300

• Jordan 1s si

See Full Page