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Abloh’s Nike/Louis Vuitton sneakers beatign auction estimates
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Soaring: A pair of the Nike/Louis Vuitton “Air Force 1” by Virgil Abloh is on display on Jan. 21, 2022 at Sotheby's in New York. Early bids for all pairs of the designer sneakers have outstripped estimates, with still a week to go until the hammer. (AFP/Getty Images/Theo Wargo)
B
ids for 200 pairs of Nike/Louis Vuitton "Air Force 1" sneakers designed by Virgil Abloh are running well beyond Sotheby's initial estimates in an auction, with a week still to go.
The sale, which the Louis Vuitton creative designer helped plan before his death from cancer at age 41 in November, will benefit The Virgil Abloh "Post-Modern" Scholarship Fund for Black, African-American and students of African descent in the fashion industry.
"We're currently at around US$6.1 million in hammer price," Sotheby's head of streetwear and modern collectibles, Brahm Wachter, said on Tuesday, when bids ran as high as $80,000.
The original total estimate was $1 million to $3 million for the Jan. 26 to Feb. 8 auction. On opening day, the number of bids broke Sotheby's record for online sales.
The leather sneaker features Abloh's signature quotation marks and Louis Vuitton's emblematic patterns. Each comes with a limited edition orange pilot case.
"[In] size 5, there's just one pair and a size 18, again, there's just one pair. When you get to a size 10 or a size 8, there are more," Wachter said.
The sneakers were the first official collaboration between Nike and Louis Vuitton.
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