At "Sneakerhead" conventions around the country, anyone can buy, sell or trade a pair, and much-hyped limited releases demand premium prices. Economics correspondent Paul Solman reports on what drives this specialty sneaker culture.
By Paul Solman
The resale market for limited edition and rare sneakers is worth a whopping one billion dollars. Here are five pairs of sneakers; can you guess how much they’re worth?…
By Diane Lincoln Estes
Not only have sneakers become engrained in U.S. popular culture, seemingly since Run DMC's "An Ode to the Adidas Superstar", but sales of the popular footwear are big business, to the tune of around $34 billion dollars a year in…
By Carey Reed
A Brooklyn Museum exhibit explores the rise of sneaker culture in the U.S. and how the shoes, which were invented in the late 1800s, evolved into a $34 billion industry. NewsHour's Ivette Feliciano reports.
By PBS NewsHour
Support Provided By: Learn more
Educate your inbox
Subscribe to Here’s the Deal, our politics newsletter for analysis you won’t find anywhere else.