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Nike's newest take on the Air Presto joins the 2016 Rio Summer Olympic celebration with the release of the Nike Air Presto Ultra Flyknit "Olympic." The sneaker features a college navy Flyknit-woven upper with a comet red underlay, metallic gold TPU, metallic gold and comet red accents, and a white, comet red and navy outsole. Release date is July 1, 2016 at a retail price of $130 on Nike SNKRS with a wider release on July 7, 2016.