• Login
  • Register
Nairametrics
  • Home
  • Exclusives
    • Financial Analysis
    • Corporate Stories
    • Interviews
    • Investigations
    • Metrics
    • Economy
    • Nairalytics
  • Markets
    • Currencies
    • Cryptos
    • Commodities
    • Equities
      • Company Results
      • Dividends
      • Stock Market
    • Fixed Income
    • Market Views
    • Securities
  • Sectors
    • Agriculture
    • Aviation
    • Company News
    • Consumer Goods
    • Corporate Updates
    • Corporate deals
    • Corporate Press Releases
    • Energy
    • Entertainment
    • Financial Services
    • Health
    • Hospitality & Travel
    • Manufacturing
    • Real Estate and Construction
    • Renewables & Sustainability
    • Tech News
  • Business News
    • Budget
    • Public Debt
    • Funds Management
    • Tax
  • Financial Literacy
    • Career tips
    • Personal Finance
  • Lifestyle
    • Billionaire Watch
    • Profiles
  • Opinions
    • Blurb
    • Op-Eds
    • Research Analysis
  • Recapitalization
    • Access Holdings Offer
    • Fidelity Bank Offer
    • GTCO Offer
    • Zenith Bank Offer
  • Home
  • Exclusives
    • Financial Analysis
    • Corporate Stories
    • Interviews
    • Investigations
    • Metrics
    • Economy
    • Nairalytics
  • Markets
    • Currencies
    • Cryptos
    • Commodities
    • Equities
      • Company Results
      • Dividends
      • Stock Market
    • Fixed Income
    • Market Views
    • Securities
  • Sectors
    • Agriculture
    • Aviation
    • Company News
    • Consumer Goods
    • Corporate Updates
    • Corporate deals
    • Corporate Press Releases
    • Energy
    • Entertainment
    • Financial Services
    • Health
    • Hospitality & Travel
    • Manufacturing
    • Real Estate and Construction
    • Renewables & Sustainability
    • Tech News
  • Business News
    • Budget
    • Public Debt
    • Funds Management
    • Tax
  • Financial Literacy
    • Career tips
    • Personal Finance
  • Lifestyle
    • Billionaire Watch
    • Profiles
  • Opinions
    • Blurb
    • Op-Eds
    • Research Analysis
  • Recapitalization
    • Access Holdings Offer
    • Fidelity Bank Offer
    • GTCO Offer
    • Zenith Bank Offer
Nairametrics
No Result
View All Result
Home Business News Lifestyle & Entertainment Entertainment

Sotheby’s sale of 200 pairs of Virgil Abloh sneakers raises $25 million

The highest price paid for a pair of sneakers was $352,800.

Michelle Ezenduka by Michelle Ezenduka
February 11, 2022
in Entertainment
Sotheby’s sale of 200 pairs of Virgil Abloh sneakers raises $25 million
Share on FacebookShare on TwitterShare on Linkedin

The auction house, Sotheby’s has reported the sale of 200 pairs of sneakers designed by the late fashion designer Virgil Abloh, to the tune of $25.3 million, which is three times the estimated worth of the sneakers.

The sneakers which were special edition Louis Vuitton and Nike “Air Force 1” sneakers were designed for the Louis Vuitton Spring-Summer 2022. The highest price paid for a pair of sneakers was $352,800. This pair carried an original high estimate of $15,000.

The proceeds from the sale will go to the Virgil Abloh “Post-Modern” Scholarship Fund, which aims to help students of colour who are pursuing careers in fashion.

RelatedStories

No Content Available

The breakdown of the auction bid shows that it received 10,000 bids in total, 40% of which came from Asia while majority of the bidders were aged 40 and below.

In addition to the top-selling size 5, a pair of size 9.5 sneakers went for 2nd highest at $201,600, and multiple pairs across sizes 9.5, 10, 10.5, and 11 managed to reach $189,000 each, the third-highest haul of any lot. A size 6.5, on the other hand, was the lowest price paid at $75,600.

What they are saying

Charles F. Stewart, CEO at Sotheby’s, said in a statement that the “record-breaking auction, which saw unparalleled global participation, was testament to Abloh’s legacy as one of the most visionary artists and designers of his generation whose widespread influence and impact is still palpable.”

The auctioned footwear designed by the late designer is the first collaboration between Nike and French fashion house Louis Vuitton. The leather low tops feature his signature “Air” quotation marks and Louis Vuitton’s iconic Damier Ebene pattern.

Abloh wasn’t just a fashion designer at Louis Vuitton, He also founded the label Off-White. His name would transcend his death as he blurred the lines between high fashion and streetwear in Louis Vuitton with his creativity.


Follow us for Breaking News and Market Intelligence.
Tags: Sotheby'sVirgil Abloh
Michelle Ezenduka

Michelle Ezenduka

For further inquiries about this article, contact: Email: ezenduka.michelle@nairametrics.com Twitter: MissAppenine LinkedIn: Ezenduka Michelle

Related Posts

No Content Available
Next Post
CBN appoints Kemi Christina Abdul as board member of InfraCorp

CBN appoints Kemi Christina Abdul as board member of InfraCorp

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Emple
nlng
first bank
Zenth Bank








DUNS

Recent News

  • Nigeria Immigration Service receives tech tools from Dutch Government to boost migration control 
  • Most expensive African countries to rent a home in 2025 
  • Jigawa Govt approves N19.6 billion for construction of 560 housing units 

Follow us on social media:

Recent News

Nigeria Immigration Service receives tech tools from Dutch Government to boost migration control 

Nigeria Immigration Service receives tech tools from Dutch Government to boost migration control 

June 24, 2025
Lagos emerges the world’s fastest-growing tech city in 2025 

Most expensive African countries to rent a home in 2025 

June 24, 2025
  • iOS App
  • Android App
  • Contact Us
  • Home
  • Markets
  • Sectors
  • Economy
  • Business News
  • Financial Literacy
  • Disclaimer
  • Ads Disclaimer
  • Copyright Infringement

© 2025 Nairametrics

Welcome Back!

Login to your account below

Forgotten Password? Sign Up

Create New Account!

Fill the forms below to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In
Social Media Auto Publish Powered By : XYZScripts.com
No Result
View All Result
  • Home
  • Exclusives
    • Financial Analysis
    • Corporate Stories
    • Interviews
    • Investigations
    • Metrics
    • Economy
    • Nairalytics
  • Markets
    • Currencies
    • Cryptos
    • Commodities
    • Equities
      • Company Results
      • Dividends
      • Stock Market
    • Fixed Income
    • Market Views
    • Securities
  • Sectors
    • Agriculture
    • Aviation
    • Company News
    • Consumer Goods
    • Corporate Updates
    • Corporate deals
    • Corporate Press Releases
    • Energy
    • Entertainment
    • Financial Services
    • Health
    • Hospitality & Travel
    • Manufacturing
    • Real Estate and Construction
    • Renewables & Sustainability
    • Tech News
  • Business News
    • Budget
    • Public Debt
    • Funds Management
    • Tax
  • Financial Literacy
    • Career tips
    • Personal Finance
  • Lifestyle
    • Billionaire Watch
    • Profiles
  • Opinions
    • Blurb
    • Op-Eds
    • Research Analysis
  • Recapitalization
    • Access Holdings Offer
    • Fidelity Bank Offer
    • GTCO Offer
    • Zenith Bank Offer
  • Login
  • Sign Up

© 2025 Nairametrics