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Sotheby auction of 200 pairs of Virgil Abloh shoes fetches $25 million

The most paid for one of the pairs was more than $350,000.

Image: Alamy Stock Photo

SOTHEBY’S HAS ANNOUNCED THAT an auction of 200 pairs of the Louis Vuitton and Nike Air Force 1 sneakers created by late US designer Virgil Abloh had fetched a total of $25 million.

A spokesman for the auction house told AFP that the most paid for one of the pairs was more than $350,000 during the online sale that ran from 26 January to 8 February.

The sums greatly exceed the initial estimates of Sotheby’s, which had started the bidding for at $2,000 and had predicted they would sell for between $,5000 and $15,000 each.

In the end, the sneakers, which ranged in size from five to 18, averaged more than $100,000 per shoe. The cheapest sold for just over $75,000.

The special edition sneaker, made of calf leather, was originally created for Louis Vuitton’s spring-summer men’s collection for 2022 of which Abloh was artistic director.

Abloh, a multi-talented DJ, architect and designer died in November at the age of 41 following a private battle with cancer.

A close associate of Kanye West, Abloh was the first Black American to be named creative director of a top French fashion house and brought streetwear and a less elitist approach to the world of luxury.

The brown, white and cream-colored sneakers boast Nike’s famous swoosh logo Louis Vuitton’s recognizable monogram and damier motifs.

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They were created to celebrate the 40th anniversary of the Nike Air Force 1, which was designed in 1982.

Proceeds from the sale will benefit a scholarship fund set up by Virgil Abloh that supports aspiring designers of Black, African-American, or African descent.

© AFP 2022

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