The Air Max 97 Shanghai Kaleidoscope, designed by Cash Ru, a contestant in Nike’s “On Air” competition, was released in 2019 for Air Max Day alongside 5 other sneakers designed by contestants. Perhaps the most popular of the 6, Ru’s Air Max was inspired by the clouds and sky of his home city of Shanghai.
The pair features many unique details, such as the addition of a plethora of extra pull tabs on the heel and tongue of the shoe, as well as layering of additional fabric across the upper to give a unique texture to the model. The addition of this extra fabric has led to some creative expression amongst Air Max enthusiasts, with some fans cutting the excess to make new designs.
Looking at the graph above, we can see that the Air Max 97 Shanghai Kaleidoscope is one story of many that we have seen where a restock brings down the value of the shoes. According to the StockX data, we can see that prices dropped from their all-time high of nearly $700 in August 2019, down to between $400 and $500 after the shoes were restocked. However, it does seem that prices have recovered a bit, already exceeding the $500 mark a couple times so far in 2021.