Inside India’s hush-hush hype luxury economy where sneakers cost more than gold

The country’s super-rich shoppers are driving demand for hype wear and collectibles, some of which is never officially sold in the country. Demand is propelled by scarcity, brand hype, and social media buzz created by global fashion houses, streetwear giants, or celebrity-led brands through exclusive drops and collaborations. Buyers pay a premium for underground luxury…

Read More

How Tamil Nadu wooed Nike, Crocs, Puma and Adidas

Early in 2024, Jayalakshmi got to know of a shoe factory coming up at Eraiyur, 10km away. The factory was looking for women workers. She applied, unsure if she could be recruited—Jayalakshmi had studied till the 9th standard and had no work experience. But the shoe factory welcomed her, giving her a vocational pathway she…

Read More

Do better shoes help you run faster?

Modern competitive running entered a new era in 2016, when Nike began distributing a prototype trainer to elite runners. The new shoes were designed to look like Nike’s top publicly available model, the Zoom Streak 6, but the soles featured a revolutionary new design. Athletes wearing the prototype shoes took home all three medals at…

Read More
Back To Top