Ethiopian athlete Tigist Assefa reportedly wore Adidas AG's (OTC:ADDYY) (OTC:ADDDF) latest running shoes when she set a new women's marathon world record in Berlin.
"The price tag is just insane," said Harry Swinhoe, founder of Grove Lane Runners, an amateur running club in southeast London, as per Reuters. "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."
These shoes feature innovations like thick shock-absorbing foam and carbon fiber plates to help athletes run more efficiently.
These shoes are just 138 grams (5 ounces). Adidas acknowledges that these shoes prioritize speed over durability, the report adds. The company released only 521 pairs on the initial launch day, with a second release planned for November.
Price Action: ADDYY shares traded lower by 1.19% to $84.58 on the last check Tuesday.
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