NIKE EXPOSED! + Hotline Calls
Episode description
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On today's episode, Barrett and Phil breakdown the big news of the week involving a large scale sneaker reseller whose mom happened to be a high-ranking VP at... Nike. This, in turn, leads to a wide-ranging discussion about the legitimacy of "collectibles" as a real asset class. The dudes discuss digital highlights like Top Shot, the return of sports cards, and if these fads will go the way of Beanie Babies or be lucrative additions to one's portfolio. Next up, the Nike talk continues, as it would appear that there is a believable conspiracy theory floating around about what the sportswear giant may have done to the US batch of "Fossil" Overbreaks, a sneaker that bears a striking resemblance to the ultra-coveted Tom Sachs Mars Yard. Are the "College Greys" ACTUALLY just "Fossils" that got spray painted?? Who knew what and when??? Club Cool investigates.
Finally, the boys check in on the hotline and play a few calls.
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Link to the Bloomberg coverage of West Coast Streetwear: https://www.bloomberg.com/features/2021-sneaker-investment/?srnd=businessweek-v2