When we talk about streetwear, hype, and exclusivity, one brand will immediately come to mind. Supreme has been in the game for three decades, and there’s no sign of it slowing down anytime soon. However, when a brand plays the hype game right, the secondary market will also benefit from that. And nobody knows how to play that game the way Supreme does. But the question today is, does the brand still have it? Is reselling Supreme profitable nowadays the way it was before? We’re gonna answer this question and more if you read on!
Latest Supreme Updates to Stay on Top of Business
While what the brand drops counts towards the hype and value, there are other influencing factors. You see, beyond the drops, we gotta talk about the direction and management of a brand. And it seems like this year is a year of change (again) for Supreme. In 2020, VF Corp acquired the brand for $2.1 Billion. But four years later, word broke out that VF Corp decided to sell Supreme to Essilor Luxottica.
The news ended up being true, and the company acquired Supreme for $1.5 Billion! While this news is managerial-level stuff, it could always affect future sales and drops. So, now that we got it over with, let’s answer the real question. Is reselling Supreme profitable at this time?
Is Reselling Supreme Profitable Today?
Although the brand went through different corporate hands, it’s still Supreme at its core. And if you wanna get into Supreme resale and make a profit, the rules are still the same. Although the brand went through a low a couple of years ago, it seems to be picking the pace back up! But you see, not everything you buy from the seasonal drops will bring back the money. There are always favorites like the Box Logo tees, hoodies, and crewnecks.
Moreover, some collaborations certainly stand out, but you gotta know what works and what doesn’t. For example, not all Nike x Supreme drops are worth investing in from a reseller point of view. However, if you land the right ones, you’re in for a solid treat on the aftermarket! In other words, you gotta be savvy when it comes to your purchasing choices! And while blunders are inevitable, you’ll develop your skills through experience and community discussions. So, is reselling Supreme profitable? We’d say yes if you make the flip the right items!
Now, the right items to purchase are usually the hardest ones to actually score. And that’s when a good bot comes in handy. Luckily, Supreme is a Shopify site, and we have the best bot to cook on Shopify! NSB3 is the only all-in-one sneaker bot you’ll need whether you wanna go for kicks or streetwear. Who knows? Maybe the only thing standing between you and profit is getting your NSB3 key. Godspeed!
