The Dior x Nike Air Jordan 1 High, colloquially known as the "Air Dior," remains one of the most coveted and expensive sneakers ever released. Its limited release in June 2020 sent shockwaves through the sneaker community, and its price in India, starting from a staggering ₹7,09,999, reflects its exclusivity and desirability. This article delves into the price of Air Dior sneakers in India, exploring the factors contributing to its exorbitant cost, comparing it to global pricing, and examining the resale market dynamics. We will also touch upon related searches like Dior Jordan 1 Low price, Nike Dior sneakers price list, Jordan 1 Dior retail price, Nike Jordan 1 Dior price, Jordan 1 Dior price Philippines, Jordan 1 Dior for sale, Air Dior price in Rands, and Air Jordan Dior price original.
The ₹7,09,999 Starting Price in India: A Breakdown
The initial price of the Air Dior in India, ₹7,09,999, was significantly higher than the original retail price in other countries. Several factors contributed to this inflated price:
* Import Duties and Taxes: India imposes significant import duties and taxes on luxury goods, significantly increasing the final retail price. These tariffs are a major component of the inflated cost, adding a substantial premium to the already high international price.
* Limited Availability: The Air Dior was released in extremely limited quantities globally. This scarcity artificially inflated the demand, driving up prices, particularly in markets like India where access to limited-edition sneakers is often restricted.
* Resale Market Dynamics: The extremely limited release ensured that the vast majority of pairs ended up on the resale market. This market, known for its speculative nature, further amplified the price, with resellers capitalizing on the high demand and low supply. The initial price in India served as a baseline, with many pairs selling for significantly more on resale platforms.
* Luxury Brand Premium: The collaboration between two iconic brands, Dior and Nike, inherently commanded a higher price point. The association with luxury fashion house Dior added a significant premium to the sneaker's value, making it a status symbol beyond its athletic functionality.
Global Pricing Comparisons: A Look at Other Markets
While the Indian price point was exceptionally high, it’s crucial to compare it to pricing in other markets. The original retail price varied slightly across regions, but generally remained in the range of $2,000 USD. However, even in countries with lower import duties, the resale value quickly surpassed this figure, reaching multiple times the original retail price.
* United States: The original retail price in the US was around $2,000 USD, but resale prices soared to $10,000 USD and beyond, depending on condition and size.
* Europe: Similar to the US, European markets saw the resale price of Air Dior sneakers significantly exceeding the original retail price, often reaching several times the initial cost.
* Philippines: The Jordan 1 Dior price in the Philippines also experienced a significant markup on the resale market, reflecting the global demand for this highly sought-after collaboration.
* South Africa: The Air Dior price in Rands followed a similar trajectory, with the resale market commanding substantially higher prices than the (hypothetical) original retail price in South Africa.
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