This Father’s Day, StockX, the world’s first ‘Stock Market of Things’ has you covered.
Whether your Dad is emulating fashion forward fathers like Travis Scott or Don C, or taking his sartorial sentimentality from a sir like Joe Freshgoods, please find a number of products below to help find Dad the perfect gift.
After Nike cancelled the Air Force 1 Low Puerto Rico (2020), resale prices skyrocketed, following a pattern established by other similar controversies and cancellations. This shows once again that resale prices are driven by both scandal and scarcity.
The Minimalist Dad
The adidas Yeezy 700 V3 is one of those sneakers that once blended into a full outfit turns into a sophisticated and structural look. The textures and architecture of the sneaker find harmony in the all-black Alvah colour way, creating a firm base for any outfit. A hidden lacing system lets the design sing.
There isn’t much to the adidas Yeezy Calabasas Track Pants, and that’s kind of the point. The look is tonal and casual, and considering that resell isn’t much above retail, they’re an easy cop. Pair these with almost anything else on this list and you’ll have a clean look that works in just about any context.
These 1.1 Millionaire Sunglasses Black Gold sunglasses from Louis Vuitton are really the maximalist take on minimalism
It could be argued that it was the Yeezy Boost 350 that started the Yeezy craze at adidas. It’s true that the 750 dropped first, but there were so few pairs that no one was able to cop. It was thanks to the restocks of the Yeezy Boost 350 in Pirate Black that folks were able to get their hands on the new pairing between Kanye West and adidas. These are the perfect cop for any Dad because of their subtlety and comfort.
The Classic Dad
Stan Smiths are the ultimate understated classic. Smooth white leather pops against the bright green heel tab – plus they fit in anywhere, from the golf course to the basketball court, making them perfect for any Dad.
The Air Jordan 1 started with the Bred 1s, but it was the Chicago 1s that made the now iconic sneaker light, bright, and wearable. You can’t go wrong with this classic.
For the dad that prefers a subtler look, the Supreme Bandana Box Logo Hoodie offers as much swag without all the attention.
The Goyard Saint Sulpice Card Holder is much smaller than the stereotypical, over-packed Dad wallet, a card holder will keep your Dad traveling light. There’s nothing subtle about Goyard’s print but this wallet is small enough to keep the statement hidden when you don’t want to scream it.
Dad who likes to Flex
Much better than socks and ties – The Nike x KITH LeBron 15 in Rose Gold is guaranteed to turn heads thanks to its soft pink knit upper, shimmering rose gold zipper and heel swoosh, and substantial eggshell sole.
Joe Freshgoods, a very fresh father, teamed up with New Balance and Don’t Be Mad for the 992 “Anatomy of a Heart” that replicates the red and brown tones that combine together to make a human heart. It’s the perfect expression of love for Father’s Day. If the dad that you’re celebrating on this day is someone who usually wears their heart on their sleeve, why not help them wear their heart on their feet?
The new Supreme Lawn Chair is the perfect way to flex and lounge at the very same time – perfect for Dad to chill.
All about that Hype Dad
Not a classic ‘Dad Shoe’, but don’t forget that Travis Scott is a dad himself – so there’s no knocking the dad status of these sneakers. The ongoing collaboration between the swoosh and La Flame has proven to be one of the most design diverse partnerships, and the SB Dunk is no exception.
Don C is another Dad who is almost certainly living it up this Father’s Day. Although he dabbled in sneaker collaborations before, the blue Air Jordan 2 collaboration was the first time that his vision really took off. The vibrant blue descended from the Air Jordan 1 Royal, after going through a few generations of high fashion footwear, revealing a stylistic inheritance from the father of sneaker culture, Michael Jordan. These rare kicks have dropped in value in recent years, making now the perfect time to add them to any collection.
A watch collector’s must-have, but it’s not cheap. The iconic watch has become an early start-up symbol for collectors, and if the dad in your life has everything else a dad could want, why not throw up the Bat Signal and call in the gift-giving reinforcements?
AIR FORCE 1 LOW PUERTO RICO
On the evening of June 10, Nike announced it was cancelling the Air Force 1 Low Puerto Rico (2020) on account of the fact that the national flag sewn on the tongue was reversed. Once the news broke, our live marketplace reacted immediately and resale prices jumped.
Rumours of the cancellation first appeared on social media on June 8th. On that day, average resale prices jumped from around £160 to £240, with individual sales as high as £400. When the cancellation was confirmed on June 10, prices soared even higher. Within the first two hours after news broke, we had nearly 200 individual sales, at an average price of £335 and individual sales as high as £635. On June 11, we continued to see high volume and an average price of £435. Currently, the average resale price is hovering around £400.
This is a typical pattern for controversy-related cancellations. Just last April, the SB Dunk “Strawberry Cough” was postponed, and rumours swirled that the release would be cancelled due to the coughing strawberry on the midsole (given the pandemic, the cough was thought to be controversial). Resale prices on StockX shot up from £635 to over £1600.
We’ve seen the same in streetwear, especially with Supreme – a brand known for receiving cease and desist orders. For example: in May 2018, Supreme pulled their newly released “Alphabet” collection due to a rumoured cease-and-desistorder from the estate of artist Erté’. In that case, StockX prices rose by between 60 and 80%.
Of course, there is a long history of controversial cancellations in sneakers, and the legacy of those cancellations continues to buoy resale prices to this day. Due to trademark infringement concerns, the Nike SB Dunk Freddy Krueger(New Line Cinema), the SB Dunk Black Sheep “Paid In Full” (Gucci), and the SB Dunk “Nasty Boys” (MLB) all were cancelled and each continues to sell at extraordinary price premiums. There are many other examples.
Verge will continue monitoring the Air Force 1 Puerto Rico (2020), but history holds that the combination of controversy and limited supply will continue to keep resale prices high.