How did the price of Converse All Stars went from cheap to luxury?

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It used to be that every kid in the block had several pairs; nowadays me and my friends can barely afford two pairs. The technology today allows for a much higher supply, as well as an increase in demand due to increase in population (especially in cities). Not to talk about recycling technology…

The same question goes to Coke and its past awesome gifts/campaigns.

In: Economics

6 Answers

Anonymous 0 Comments

I had to google what a converse all star is. A shoe, obviously. The prices in germany are around 100€. Eventhough I would never, ever, pay 100€ for shoes it is a normal price for a branded shoe and thanks to people who are paying these amounts of money for bangalorian sweatshop wear, these price will go up.

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