The fake sneaker market is booming, though many buyers would rather you called them 'replicas'.
SANJEEV DAS wanted a pair of sneakers. Well, not just any sneakers: a pair of uber-rare Nike Air Jordans, made in collaboration with rapper Travis Scott.
The problem? When the shoes were released earlier this month, they sold out at Mach-10 speed and are now fetching many times their $130 retail price on the secondary market. Mr. Das, 26, a graphic designer in Frederick, Md., wasn’t about to shell out a stomach-turning sum for the sneakers, so he bought “replicas” from a shadowy website instead.
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