Nike to clean up used, returned sneakers and put them back on shelves

Nike to clean up used, returned sneakers and put them back on shelves

Nike Inc (NKE.N) said on Monday it will start refurbishing sneakers – from Vapormaxes to Reacts – returned by shoppers and selling them at cheaper prices, a service offered increasingly by retailers to reduce consumer waste.

The Beaverton, Oregon-based company said it would clean up gently worn, like-new or slightly imperfect sneakers by hand and resell them “at a value for consumers” at certain Nike stores. To qualify for refurbishment, the sneakers need to be returned to Nike stores within 60 days of purchase.

“Up to fifteen U.S.-based stores will carry Nike Refurbished footwear by the end of April 2021, with plans to integrate more of this product at additional U.S.-based stores in the coming year,” Nike said in a statement.

Nike is continuing to explore future expansion of the program to markets outside the United States.

tatleespcom