Nike has definitely found a way to reignite folks’ affections for the Jordan retros as of late. The Jordan 13 Flint made its official return this past Saturday and it was a success as I asserted in my projection post. The brand is introducing another colorway of the Jordan 6 on June the 15th, the Air Jordan 6 Hare. This new colorway was obviously inspired by the Air Jordan 7 Hare originally introduced in 1992 and whose nickname refers to the advertising spot featuring Michael Jordan and Bugs Bunny.
The upper is made of white leather and gray nubuck with touches of red at the lining and the outsole. Additional details include green, yellow and black on the tongue as well as purple highlights like the Jumpman at the heel.
Now let’s talk about the possible number of pairs of the Air Jordan 6 Hare Could Be Made. We’ll follow the same pattern as the of the Flitn 13’s but make some adjustments to it. First let’s quickly take a quick count of the major and minor retailers that would be allocated an inventory beside Nike.
Confirmed minor retailers: DTLR/Ruvilla, Jimmy Jazz, Snipes, Shoe City, Shoe Palace, Sheikh, Athlete’s Foot & probably more.
Most of you are aware that because Covid-19, most retailers are mainly operating through their e-commerce shop. As a result, we’ll treat this release as if the physical locations were still operational as usual and attribute their numbers to the online stores ( in other words the eshop will be given all the inventory the stores would’ve received). We still need to set some assumptions prior to running our numbers, and well use the ones below
1.We’ll assume that Nike will take a 1/4 of the production, Footlocker & Family ( Champs, Footaction) will also receive 1/2 , Finishline, Hibbett and Dicks and minor chains and boutiques will account for the remaining 1/4. I’m only considering North America in this post ( notice that I didn’t include international locations).
2.We’ll also assign an average of 24 pairs per regular FTL store, 70 per House of Hoops 18 per FTA and Champs store; and lastly we’ll give the online stores about 1/3 of the total the physical stores are given.
Running the numbers
Footlocker’s physical store numbers based on our assumptions: 24 x 730=17520 pairs
HOH: 70 x 170=11900
Footaction’s numbers ( physical sores): 270 x 18=4860
Champs’s numbers ( physical stores) : 547 x 18= 9846
Total ( FTL+ FTA+ Champs) in stores=44126
Total ( FTL+ FTA + Champs) online=44126/3=14709
Let’s also give Eastbay its own allocation= 14709/3=4903
Grand Total ( online + in stores)=63738 pairs let say 70,000 pairs
And the number of pairs possibly made for North America is : 70,000 x2=140,000 pairs based on our model . But we can stretch this number to 170,000 pairs because of possible errors in our initial assumptions and can conclude that the total number produced will fall within the 170,000 pairs < Number of Pairs Made Wordlwide < 340,000 pairs .
PS: As you all know, I always have to add this disclaimer because every single projection that I make is purely based on assumptions that I have set. It is meant to give you an idea of what to expect, I don’t work any of these brands/retailers I mentioned and have no access to their numbers. I’m only using what is available to create plausible assumptions.
What’s the current Resale Value of the Air Jordan 6 Hare?
You can clearly see that there is a positive trend with the shoe progressively increasing in value with time. Let’s find the regression line equation to make some quick predictions:
Average Resale Value= $236 + 2.5 ( time elapsed). Based on this equation we can predict the price on june 5 to be about,
Average= $236 + 2.5 (12)= $266, I believe the shoe will sell for a lot more than just $266, it will probably hit the low $300’s by the time it releases.
We can also check for the most lucrative sizes. See chart below
You can clearly see that the bigger the size , the higher the resale value. The highest recorded sale was for a size 13 at $280 and the lowest sale was for a size 7 at $239. The shoe retails for $190 before tax and roughly $202 after tax. Folks are looking at profit margins between ($16 and $60) based on the chart above. But like I said earlier, it will not be surprise if prices once the shoe is released hit the low $300’s. So my verdict on the air Jordan 6 Hare is- definitely worth purchasing worth any purposes i.e wearing or reselling. And this shoe will definitely sell out on release day.
You can buy the Jordan 6 retro Hare from the retailers in the paragraph above or the featured sellers on eBay in the listings below
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