I don't understand why people think that sneakers shouldn't go up in prices like everything else.
As the cost of materials, transportation, and labor increase (which all three have done, and yes the cost of labor has increased in China) so do the cost of goods. Just cause they retail for more, doesn't mean that Nike is making a higher profit.
As the cost of materials, transportation, and labor increase (which all three have done, and yes the cost of labor has increased in China) so do the cost of goods. Just cause they retail for more, doesn't mean that Nike is making a higher profit.