Can someone explain whats a PE sneaker? How’s it different from regular releases? or Whats a PE sneak

"New to sneakers—whats a pe sneaker and why do collectors love them?"

yo, so i keep hearing about PE sneakers but lowkey confused. whats a pe sneaker exactly?

like, are they just custom kicks for players or somethin? how’s it different from the GRs we see in stores?

also, why do collectors go crazy for em? is it just hype or are they actually rare?

pls break it down for a noob lol. tryna understand if they’re worth the resell prices or if it’s all just clout.

thanks! 🙏