Nike Space Hippie 03 “Healing Jade” Release Date, background, and resell

Nike is set to releases its 3rd colorway for the environmentally friendly Space Hippie 03 in subtle new color tones. The Nike Space Hippie 03 “Healing Jade”; Release Date is on the 1st of January for a retail price of $180. Keep reading to know whether to cop or drop!

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With that being said, let me walk you through the background for one of Nike’s most environmentally friendly sneakers ever!

Nike Space Hippie 03| The Way Forward 

Nike Space Hippie 03 Background
From Hypebeast

Nike has been leading the charge of producing eco-friendly sneakers for a while now. Although they have been overtaken by Adidas & Parley in recent years, Nike has never been far behind.

In 2013 after revealing their sustainable business performance statistics, it showed a lot of progress. They reduced carbon emissions by 3 percent and reduced the number of factories by 14 percent.

This, however, wasn’t good enough to reduce the negative externalities like plastic production to an ideal rate.

FlyKnit technology was another milestone in reaching eco-friendly development goals. It used far fewer resources which left a significantly smaller carbon footprint.

Their latest Space Hippie collection, however, is revolutionary. A sports-wear giant creating sneakers almost entirely of recycled materials sets a great example for others to follow.

The latest Nike Space Hippie 03 “Healing Jade” is not only made up of only 45% recycled materials but also ditches the extra packaging that may have caused littering which was available with the previous colorways.

To estimate its resale, let’s head over to StockX.

Nike Space Hippie 03 Grey Volt

Nike Space Hippie 03 Grey Volt 1
StockX

Retail Price: $180

Peak Resell: $500

Release Date: 07/16/2020

Colorway: WOLF GREY/BLACK-VOLT-DARK SMOKE 

The Nike Space Hippie 03 Grey Volt was the second-ever colorway for the 03 silhouettes and they sold out instantly. The upper, which was constructed with “Space Yarn” and recycled polyester.

The 03 is perhaps the most unique out of the trio. It’s a high top variant of the 01 with a Flyease lacing system. This system is what makes the sneaker more limited than the rest. There’s also a marbled plastic anchor on the mid-foot and a “Swoosh” above the toe box.

On StockX, the average selling price has dipped considerably since its release date, however, they’re still quite profitable. On average, resellers have been earning gross profits of around $75. The Nike Space Hippie 03 “Healing Jade” will likely have a slightly lower resale value.

Nike Space Hippie 03 “Healing Jade”| Closer Look

Nike-Space-Hippie-03-Healing-Jade-Full-View
Nike

Retail Price: $180

Estimated Resell: $220

Release Date: January/01/2021

Colorway: GREY/HEALING JADE

The Nike 03 is back in a subtle new color tone, similarly monikered to the Nike ISPA Road Warrior Clear Jade, this sneaker offers a green tint all over with neon green overlays. The 03 is perhaps the most popular out of the pack and also the most limited due to its highly technical “Flyease” fit system.

This sneaker comes in a high top design with an extended sock collar made out of a special recycled material called “rPolly”. Similar to the previous colorways, most of the upper consists of a grey Flyknit with subtle hints of green stitching.

The Flyease lacing system comes in a neon green color which demands attention relative to the other muted colors. Finally, a “Healing Jade” midsole which is a combination of ZoomX and NikeGrind rubber completes the design.

Nike-Space-Hippie-03-Healing-Jade-Side-View
Nike
Nike-Space-Hippie-03-Healing-Jade-Hover-View
Nike
Nike-Space-Hippie-03-Healing-Jade-Rear-View
Nike
Nike-Space-Hippie-03-Healing-Jade-Outsole
Nike

Estimated Resell Value

Similar to the other colorways, I believe these sneakers will sell out very fast. They’re also a bit more limited due to the Flyease lacing system, making them harder to get.

Using my estimated resell value of $220, I believe you can earn profits of around $20 per pair. The faster you can sell them the better as the 03 silhouette tends to dip in value right after the release date.

Nike Space Hippie 03 “Healing Jade”| Where to Buy

You can buy these sneakers at select retailers and Nike.com on January 1st, 2021. The retail price is set at the usual $180 per pair for men.

You may also buy them today at reseller websites such as StockX.

Conclusion

Nike Space Hippie 03 “Healing Jade”

Retail Price: $180

Estimated Resell: $220

Release Date: January/01/2021

Where to Buy: (Retail) Nike 

                       (Resale) StockX

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In other news, Nike brings back the “Ragun” colorway for their latest Air Force 1 Low.

Have a great week everyone!

-Signing off

Take your reselling game to the next level

Author

Mohammad Yousaf

Mohammad Yousaf

As a business student, Mohammad was thoroughly impressed with where the secondary market was heading for sneakers. He quickly realized that what used to be considered as a side hustle, was now the main income stream for many. He has studied the game ever since.

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