‘Fuzzy Bears’ an investment

Caleb Ferguson knows sneakers better than he knows San Francisco psychedelic rock band the Grateful Dead.

The 15-year-old Logan Park High School pupil got just two hours of sleep on Thursday night and was among the first in line to pick up his latest pair of sneakers — the coveted Nike SB Dunk Grateful Dead "Fuzzy Bears".

Caleb was not planning to wear the fuzzy green skateboard shoes he bought yesterday.

"No, I’m going to sell them," he said.

Caleb Ferguson (15), of Dunedin, is the proud owner of new Nike SB Dunk Grateful Dead sneakers....
Caleb Ferguson (15), of Dunedin, is the proud owner of new Nike SB Dunk Grateful Dead sneakers. PHOTOS: PETER MCINTOSH

Up to 70 people spent at least part of Thursday night in line in George St to have a crack at the 16 pairs available when Dunedin skateboard, sneaker and clothing store Pavement opened its doors yesterday morning.

Caleb was seventh in line after arriving at the store at 5.10pm on Thursday.

He spent $190 on the shoes and said he had been offered $1700 for them yesterday morning.

Dozens camped out in George St on Thursday night to buy a pair of the shoes.
Dozens camped out in George St on Thursday night to buy a pair of the shoes.

Pavement’s Evie Forno said due to the limited number of shoes available and the appetite in the community for this sneaker "drop" — when the store was allowed to sell the shoes — a generally happy vibe had a few intense moments at the shop.

Rules for purchasing, including one pair that fitted the buyer per buyer, left some who lined up unhappy after the shoes sold out almost immediately.

"A few people left crying," she said.

hamish.maclean@odt.co.nz

 

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