Nike’s controversial “Betsy Ross” sneakers are selling for more than $2,000 on resale site StockX after the sports apparel companyfrom retailer shelves as well as its website and mobile shopping apps.
Set to release ahead of the July 4 celebration, the retail price of the red, white and blue sneakers originally was $120, according to StockX. However, by Tuesday morning, about a dozen pairs had sold on the online marketplace for upwards of $1,000. One pair on StockX fetched as much as $2,501 — more than 20 times the original retail price.
About 66 pairs have been sold on the resale site so far, some for around $170 in the days before news of the Betsy Ross flag controversy emerged on Monday. Neither StockX nor Nike immediately responded to requests for comment.
SOURCE: SARAH MIN