The Nike Air Foamposite One "Penny PE" Receives a Release Date

Bringing back one of Penny Hardaway’s rarest PEs.

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Update: Revealed late last year, the Nike Air Foamposite One “Penny PE” is now scheduled to hit shelves. Arriving next month, the monochromatic look sported by Penny Hardaway is set to launch on April 7 via Nike and select retailers at a price of $240 USD.


Original Story: Nike is slate to bring back the Air Foamposite One for 2023, releasing one of the rarest colorways of Penny Hardaway’s PEs.

The shoe was originally debuted in 1997 and is offered in white, metallic silver, black, cobalt bliss and racer blue color scheme as a nod to his time with the Orlando Magic between 1993 and 1999. The shoe specifically pays homage to the “Home” uniforms, featuring a white Foamposite shell and a black leather upper. The inner bootie, tongue, carbon fiber shank plate and heel are also all highlighted in black. The blue detailing is seen on the insoles and the three-line pattern on the heel tab and tongue tab, while the rest of the shoe sits atop a translucent outsole to round out the design.

The Nike Air Foamposite One “Penny PE” in White/Black is releasing on January 1 at select retailers and on Nike for $240 USD.

In other footwear news, the Jordan Brand dips the AJ1 Low Golf in navy.

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Joyce Li
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For over half a decade, Joyce Li has served as an Editor on Hypebeast's global team, leveraging profound industry insights to capture the zeitgeist. Through her editorial lens, she anticipates emerging trends while dedicating her platform to spotlighting those making the greatest impact on culture today. A storyteller first and foremost, she examines the cross-pollination of fashion, footwear, art, music, and sports. This intersectional approach has led to compelling interviews with industry-defining figures like LeBron James, Pharrell Williams, Tom Brady, NIGO, A$AP Rocky, KAWS, and more.

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