nerohood.blogg.se - Unique hype 10 elizabeth

#UNIQUE HYPE 10 ELIZABETH FULL#
#UNIQUE HYPE 10 ELIZABETH PLUS#

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#UNIQUE HYPE 10 ELIZABETH PLUS#

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How do the kids know what to buy? “They know what to buy cuz they been working for me for quite some time lol,” Peter explains via text message.Īdblock Adblock Plus Adblocker Ultimate Ghostery uBlock Origin Others He hires between ten and thirty people to stand in line each time Supreme releases clothing, which is generally every Thursday. “Sometimes it’s only fifty dollars.” The usual rate is a hundred dollars per day of waiting in line. Some of the people standing in the Supreme line are secretly Peter’s employees, mostly teenagers whom he recruits for the line-standing job while they mill around in his collectible-card store.

#UNIQUE HYPE 10 ELIZABETH FULL#

An insightful read that’s worth your while, cast your eyes over the insert below and head over to The New Yorkerfor the full article. “I can’t show my face-I’m under a lot of eyes,” he said. “I’ve brought in seven figures a year for the last two years,” said Peter, a 30-year-old who refused to give his last name or be photographed. The New Yorker recently caught up with Peter to further understand his line of work. The owner Peter, who refers to himself as a “major flipper,” often waits until the items have sold out at Supreme’s stocklists, then marks up the price on those items in his shop and on eBay. Only in America.Tucked away in a decayed mall off Elizabeth Street in Chinatown, New York, sits Unique Hype Collection - a reseller shop with Supreme as its signature stock in trade. If you're a fellow Supreme Stan like Peter, who's been rocking the brand since the '90s, these are the steps and practices you can take to make millions off re-selling streetwear. Because the demand is so high, the gouging prices they set don't really matter.

Peter and other major flippers deal with the simple laws of supply and demand.

Peter said, “I only got thirty-five pairs. A fellow flipper bought 100 pairs of Nike Yeezys, and got a call from Nike.

Peter never buys too much product at once.

He is in constant communication with other "major flippers" who sell everything from the latest Supreme to the latest Nike drops.

With the eBay store, I even pack it and ship it myself,” he said.

Peter does a lot of the dirty work himself. “I do everything myself.

Goods sell for more than double what they cost at Supreme.

There are 10-30 people waiting on line that work for Unique Hype Collection.

Peter pays kids $100 to stand in line at every Supreme drop.

Curious as to how you can potentially make milllions of dollars by simply copping and then selling gear? Here's a breakdown of some of Peter's tactics: “I’ve brought in seven figures a year for the last two years,” Peter said. Unique Hype Collection buys a shitload of Supreme, waits until it's no longer available, and then re-sells it at exorbitant prices. While not necessarily black-market material, this occupies a space in the ubiquitous grey-market, and we imagine that the 30-year-old owner named Peter had good reason to not give his last name or be photographed by the New Yorker when they profiled his business. The business strategy is simple, and one that kids have been employing since the Internet contribute to the proliferation of streetwear in the early 2000s. It's impossible to find using traditional directories, and you won't find this place on Google, but this closet-sized retail space rakes in millions of dollars selling items from Supreme on the second-hand market. If you've ever explored the underground retail tunnels below New York City's Chinatown, you might not be surprised that there's some iffy shit going down at a storefront that calls itself Unique Hype Collection.