Jon Wexler Calls News of YEEZY BOOST 350 V2 "Black/Red" Re-Release | Forum

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xysoom Aug 2 '19
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
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