Shortly after YEEZY MAFIA posted news of a re-release of the adidas
YEEZY BOOST 350 V2 “Black/Red” in a now-deleted Instagram post, Jon
Wexler took to Twitter to respond to the news.
The Vice President of Global Entertainment and Influencer Marketing for
adidas called the tweet “#FAKENEWS,” defiantly noting that the reports
made were false. Disappointing YEEZY fans, the “Black/Red” colorway of
the YEEZY BOOST 350 V2 has marked as part of the early success of Kanye
West‘s partnership with adidas after they released back in 2017.
Although YEEZY MAFIA was wrong this time around, the industry insiders
have served as the authority on YEEZY related news for years now.
Typically, prices continue to fall in the weeks after the release:
this is what happened with the Butter and Sesame colorways, which lost
between 10% and 20% of their resale value in the first 15 days after the
drop. But once again, the 350 Glow represented an interesting
exception.
Glow prices fell sharply in the days before the official
release, reaching a low of $390 on the Thursday before the drop. But
after release day, prices actually increased a remarkable 30%, rising to
as high as $500, and ended up stabilizing around $470 – far above their
pre-release average. What likely happened was that buyers likely
anticipated a much larger drop, when in fact supply was more limited.
And because demand outstripped this more limited supply, prices rose.Yeezy 350 Static online with hgih quality