Sold Out || The Underground Economy of Supreme Resellers' || Full Length
In 1994, James Jebbia opened the first Supreme location in a small
storefront on Lafayette Street in New York. At the time, Supreme was a
brand for skaters by skaters—even the design for the shop was more open
so skaters could come right in with their skateboards. But today, 21
years later, Supreme is a legendary streetwear brand that’s cultivated a
cult following well beyond that original fan base.
Continuing to release product in tightly controlled, limited amounts,
the brand is as big as it wants to be in New York, Los Angeles, and
London; a titan in Japan—arguably its largest market. Complex has
covered Supreme for well over a decade (Complex was founded in 2002). In
Lafayette Street shop in-store launches every story was the
same:
Lines snaked around the block, kids camped out for hours or days,
sometimes even in subfreezing temperatures, just to get any Supreme
item. Each Thursday drop was chaos. In April 2014, the NYPD canceled the
Supreme x Nike Air Foamposite One in-store launch at the NYC flagship
after a riot nearly broke out earlier that day. But there was something
much bigger here. Complex News team learned that many were in line to purchase gear
that they’d later flip online for big profits, selling apparel and other
items for as much as 1,200 percent above retail value.
“We started to get to know these people and realized there was a
business here and real money to be made,” explains Emily Oberg, Complex
Editorial Producer and one of the directors of this documentary. While
the reselling market is hardly new, and people have been selling Supreme
online for years, it’s yet to be the focus of serious
investigation—until now.
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