Prices for second-hand items Virgil Abloh collaborations are skyrocketing

Following the unexpected death of designer Virgil Abloh, the resale prices of some of his Off-White label’s most iconic collaborations have skyrocketed. According to the digital sneaker and fashion news platform HypeBeast, people have bid for more than $10,000 (about $8817) on Stockx, while the original asking price of the shoes in 2017 was $190 (about $168).

StockX, an online marketplace for sneakers and apparel, said in a statement regarding Abloh’s passing: “As is the case with any live marketplace, real-life events affect market performance. Following the tragic news of Virgil Abloh’s passing, we saw a strong increase in interest in products related to the fashion icon.” An Ikea carpet designed by Abloh is on the StockX website for 9,012 euros. The original price of the carpet in 2018 was 129 euros.

The price spike on international platforms from eBay to The RealReal and Stockx shows strong demand for second-hand items designed by Abloh, with some searches rising 1,000 percent. According to The RealReal, Sunday sales jumped 18-fold, with graphic t-shirts, low-top sneakers and logo sweatshirts being the most popular items.

Image: Stockx

This article originally appeared on FashionUnited.UK. Translation and adaptation into Dutch: Veerle Versteeg.


Source: fashionunited.nl by fashionunited.nl.

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