This shoe costs $350 dollars. If you want a second one for the other foot, that'll be another $350. There are a few factors involved in the pricing of this haute-footewear specimen: the limited edition (250), the plummeting dollar (retail: £345), and famed Madchester nightclub, The Hacienda, for which the shoe is named.
Adidas' luxury brand Y-3 developed this hot property in collaboration with Peter Saville who did a great deal of album art for Factory Records, Ben Kelly, the architect who designed the Haçienda interiors, and Peter Hook, bassist for Joy Division and New Order. Not sure exactly what input Mr. Hook might have had but it's nice to put him on the press release, if nothing else.
This generational psychographic must be the absolute most fun to market to, ever. We're especially keen on counter-couture, completely vulnerable to nostalgia and rare collectibles, and newly flush with disposable income after deciding that bearing young is just a totally environmentally irresponsible move, man.
But damn those are some beautiful sneaks. The FAC51-Y3 is pictured at right perched upon a slab of metal flooring and with a hunk of pillar removed from the original nightclub.