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Donald Trump (77) is now also in the sneaker business. The former US president unveiled his own brand of sneakers at a trade show in Philadelphia just a day after he was hit with a mega $355 million fine.
A majority of the audience booed the 2024 presidential candidate at Sneaker Con. Patriot shoes are still in demand: Limited to 1,000 pieces and called “Never Surrender High Tops” — loosely translated as “Never Surrender High Tops” — the sneakers are already sold out, as is the sneaker website. gettrumpsneakers .com” noted Trump.
For the heavily indebted former president, revenue from sneaker sales is just a drop in the ocean. The 1,000 sneakers were sold for $399 each. To cover the $355 million fine, Trump will need to sell more than 912,000 pairs of “High Tops That Never Surrender.”
Trump sneakers sell for up to $450,000 on eBay
Those who manage to get their hands on a pair of Trump kicks smell the big money. Owners sell their sneakers on the online platform eBay, sometimes at exorbitant prices. There’s an impressive bid of $450,000 for the gold special edition in US shoe size 9.
Prices vary widely on Ebay. There are various offers that require you to pay a five-figure amount. Gold sneakers also sell for a few hundred dollars. But all Ebay offers have one thing in common: The asking prices are higher than the $399 the sneaker retails for on its official web store.
Not a shoe suitable for the Swiss audience
It has long been clear that sneakers would hit the ground running for Trump, who is known for his overconfidence. «I’ve been talking about this project for 12, 13 years. And I think it will be a huge success,” he said while introducing the sneakers.
Time will tell whether the current excitement will be a long-term success in the collector market. The former president’s gold sneakers cannot be found on most famous sneaker trading platforms such as Stock X or Flight Club.
According to Kuvet Salahi (31), co-operator of the SneakerZH store in Zurich, Trump sneakers definitely have the potential to do this: “Since sneakers are limited, there are definitely people who want them.” The shoes are more for collectors, but not necessarily in this country. “Sneakers are so kitsch. “It may be well received in the US, but less so here in Switzerland,” says the Zurich sneaker retailer.
“Too much gold, too much USA, too much Trump”
For Sergio Muster (43), co-founder and general manager of Europe’s largest sneaker fair “Sneakerness”, the Trump shoe is a complete failure: “I don’t like sneakers; too much gold, too much USA, too much Trump.” The shoe is also too high cut. “It almost looks like a walking shoe,” says the Bern native, who owns over 700 pairs of sneakers.
Muster says the Patriot sneaker is unlikely to become a sought-after collector’s item in the sneaker community. But: “It’s definitely a collector’s item among Trump supporters.” The controversial Republican is targeting them, too. “Never Surrender Sneakers are your battle cry in shoe form,” Trump’s sneaker website says.
Source :Blick
I’m Tim David and I work as an author for 24 Instant News, covering the Market section. With a Bachelor’s Degree in Journalism, my mission is to provide accurate, timely and insightful news coverage that helps our readers stay informed about the latest trends in the market. My writing style is focused on making complex economic topics easy to understand for everyone.
