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Forget the usual investments, the hottest new item to add to your portfolio is sneakers

Forget stocks, real estate, even cryptocurrencies — China’s hottest investment nowadays may be the Nike, Adidas, and Puma basketball shoes that “sneakerheads” like Hu Huaiyuan fight to get their hands on. Enthusiasts worldwide have fuelled an expanding bubble in high-priced sneakers, often limited-edition collaborations between big names in sportswear and fashion, rappers or athletes. But […]

The post Forget the usual investments, the hottest new item to add to your portfolio is sneakers appeared first on The Peak Magazine.

Forget the usual investments, the hottest new item to add to your portfolio is sneakers

Sneaker collecting and speculation in China

Forget stocks, real estate, even cryptocurrencies — China’s hottest investment nowadays may be the Nike, Adidas, and Puma basketball shoes that “sneakerheads” like Hu Huaiyuan fight to get their hands on. Enthusiasts worldwide have fuelled an expanding bubble in high-priced sneakers, often limited-edition collaborations between big names in sportswear and fashion, rappers or athletes. But […]

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