Some sneaker resellers are despairing as once pricey pairs now sit on shelves unsold. NPR's Ayesha Rascoe speaks with Mike Sykes II from the Business of Fashion about the changing market for sneakers.

ST. LOUIS — Sneakers are no longer just for playing sports. People are lacing up a fresh pair of kicks to make a fashion statement, and the demand is making sneakers big business in St. Louis. Matthew ...

Sneaker reselling has become a billion-dollar industry, according to Josh Luber, the 39-year-old of StockX, a footwear stock market that allows buyers and sellers to do business at a fair market value ...

After helping Kenyan runner Kelvin Kiptum break the world marathon record last year, Nike’s Alphafly 3 Proto men’s running shoes sold out in less than two minutes on Thursday, and are now going for ...

Nike executive Ann Hebert left the company just days after a report detailed the sneaker reselling business her son was operating. Last week, Bloomberg Businessweek’s cover story was about Hebert’s 19 ...

PHILADELPHIA -- Nike is now reselling returned sneakers at a discount in select stores in an effort to reduce waste. Nike on Monday announced an initiative where it accepts returned shoes that are ...

When Nike crafted its Go FlyEase silhouette — the first 100 percent hands-free sneaker ever made — the brand was praised for its accessibility efforts. But like many other Nike models, the hands-free ...

Sneaker reselling has grown in popularity in recent years, especially during the pandemic. But classic silhouettes like the Nike Dunk, Yeezy Foam RNNR, and Yeezy 350V2 are dropping in value.

INDIANAPOLIS -- Special shoe releases from footwear companies such as Nike are fueling a massive resale market that is creating business opportunities for people who are plugged into "sneakerhead" ...

Last week, LMVH Luxury Ventures, an offshoot of Paris-based conglomerate LMVH that owns dozens of luxury brands like Louis Vuitton, Christian Dior and Dom Pérignon, invested an undisclosed amount in ...

PHILADELPHIA -- Nike is now reselling returned sneakers at a discount in select stores in an effort to reduce waste. Nike on Monday announced an initiative where it accepts returned shoes that are ...