{"id":65859,"date":"2023-09-27T02:00:36","date_gmt":"2023-09-27T06:00:36","guid":{"rendered":"https:\/\/ifintechworld.com\/uncategorized\/adidas-tests-upper-limit-of-running-market-with-500-shoe\/"},"modified":"2023-09-27T02:00:39","modified_gmt":"2023-09-27T06:00:39","slug":"adidas-tests-upper-limit-of-running-market-with-500-shoe","status":"publish","type":"post","link":"https:\/\/ifintechworld.com\/?p=65859","title":{"rendered":"Adidas tests upper limit of running market with $500 shoe"},"content":{"rendered":"<div>\n<div id=\"imgCarousel\" class=\"imgCarousel\">\n<p><span class=\"text\">\u00a9 Reuters. FILE PHOTO: Athletics &#8211; Berlin Marathon &#8211; Berlin, Germany &#8211; September 24, 2023 Ethiopia&#8217;s Tigist Assefa celebrates after winning the women&#8217;s Berlin Marathon REUTERS\/Lisi Niesner\/File Photo<\/span><br \/>\n<i class=\"imgGrad\"><\/i>\n<\/div>\n<p>By Helen Reid<\/p>\n<p>LONDON (Reuters) &#8211; Adidas (OTC:)&#8217; newest running shoes, worn by Ethiopia&#8217;s Tigist Assefa on Sunday to set a new women&#8217;s marathon world record in Berlin, went on sale on Tuesday with an eye-watering price tag that will test the enthusiasm of amateur runners.<\/p>\n<p>Adidas, its bigger rival <span itemscope=\"\" itemtype=\"http:\/\/schema.org\/Corporation\"><span itemprop=\"name\"> Nike <\/span><\/span> (NYSE:) and other sports brands, have been locked in a &#8220;supershoe&#8221; war for years, since the first running shoes containing a thick, shock-absorbing foam and carbon fibre plate helping athletes run more efficiently, were released.<\/p>\n<p>At $500 a pair, the Adizero Adios Pro Evo 1 cost $225 more than Nike&#8217;s equivalent Alphafly 2, raising the question of how many amateur runners will swallow the extra cost. <\/p>\n<p>&#8220;The price tag is just insane,&#8221; said Harry Swinhoe, founder of Grove Lane Runners, an amateur running club in southeast London. &#8220;People will flock to it, but I wonder whether the average runner will really feel the benefit of the ultra-supershoe, versus the supershoe, or the normal shoe.&#8221;<\/p>\n<p>Weighing just 138 grams (5 ounces), the shoes are very light, but not durable. They&#8217;re designed to be worn for a single marathon-distance race (42 kilometres, or 26 miles) and pre-race warmup, making the cost per mile at around $19 if, as Adidas says, runners must buy a new pair for each marathon.<\/p>\n<p>&#8220;This is a shoe optimized for speed, versus durability,&#8221; Adidas said. The retailer released just 521 pairs of the shoes on Tuesday, with a second drop planned for November.<\/p>\n<p>Adidas is marketing them as world record breakers, with CEO Bjorn Gulden on Tuesday posting on his Instagram a photo of him and Assefa holding the shoe, with the caption: &#8220;Tigist Assefa&#8230; we are so proud of you!&#8221; <\/p>\n<p>Assefa broke the world record by more than 2 minutes to finish in 2 hours, 11 minutes and 53 seconds. <\/p>\n<\/div>\n<p>Read the full article <a href=\"https:\/\/www.investing.com\/news\/stock-market-news\/adidas-tests-upper-limit-of-running-market-with-500-shoe-3182856\" target=\"_blank\" rel=\"noopener\">here<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>\u00a9 Reuters. FILE PHOTO: Athletics &#8211; Berlin Marathon &#8211; Berlin, Germany &#8211; September 24, 2023 Ethiopia&#8217;s Tigist Assefa celebrates after winning the women&#8217;s Berlin Marathon REUTERS\/Lisi Niesner\/File Photo By Helen Reid LONDON (Reuters) &#8211; Adidas (OTC:)&#8217; newest running shoes, worn by Ethiopia&#8217;s Tigist Assefa on Sunday to set a new women&#8217;s marathon world record in [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":2828,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"video","meta":{"footnotes":""},"categories":[1],"tags":[83],"class_list":["post-65859","post","type-post","status-publish","format-video","has-post-thumbnail","hentry","category-uncategorized","tag-featured","post_format-post-format-video"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v20.6 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Adidas tests upper limit of running market with $500 shoe | iFintechWorld<\/title>\n<meta name=\"description\" content=\"\u00a9 Reuters. 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