Costco Nike sneaker sells out fast, resale prices hit $1,000

A Costco Nike sneaker release has quickly drawn attention after a limited-edition shoe sold at Costco surged in value on the resale market within days.

Costco Nike sneaker featuring a Kirkland-branded Nike SB Dunk Low displayed in black, gray, and white tones
A Kirkland-branded Nike SB Dunk Low released at Costco sparked heavy demand and sharp resale price increases.

According to a report by Fox News, Costco revealed the collaborative sneaker on January 30. The sudden release prompted an immediate reaction from in-store shoppers and the sneaker resale market.

The product is the Nike SB Dunk Low, which features the Kirkland logo, Costcoโ€™s private-label brand, incorporated into its design. The sneaker was inspired by Kirkland Signature sweatshirts and uses black, gray, and white tones commonly associated with Costcoโ€™s in-house branding.

The shoes were released at a retail price of $134.99 in select areas, including California, New York, Oregon, and Washington.

Within three days of the release, resale prices rose by more than 200%. On resale platforms such as StockX, eBay, and GOAT, listings ranged from approximately $400 to as high as $1,000.

Costco did not disclose which stores carried the sneakers. The product was also not listed on Costcoโ€™s official website, leaving purchasing options limited and further concentrating attention on the release.

BY YEONGCHAE SONG [song.yeongchae@koreadaily.com]