After a long hiatus the Nike Air Foamposite One makes its return in Spring 2011 as Nike introduces a retro version of the popular Penny Hardaway design, first released in 1997. Done up in the trademark royal blue colorway, the kicks instantly evoke a ’90s nostalgia, arguably Nike’s greatest era for basketball sneakers. This particular release should be a big one for sneaker heads and Foamposite fans alike. A release is scheduled for February 12 at Nice Kicks, amongst other fine Nike stockists. Retail is set at $200 USD, unfortunately a $20 price hike from the original release price.