Supreme x Louis Vuitton was probably the biggest, and most significant, collab in streetwear history (that doesn’t mean you have to like it, though). Unsurprisingly, all hell broke loose when it dropped. Queues stretched on for miles, some of the scheduled pop-ups were cancelled — supposedly due to a shortage of stock — and resell prices skyrocketed.
Given that the collection was produced and distributed by Louis Vuitton, the prices were always going to be really, really high — way higher than Supreme’s usual fare. So how did the collab perform on the resell market; was it a smash hit, or did the excruciating prices scare off potential resellers?
StockX, formerly known as Campless, is an online marketplace that performs a bit like the stock market. Basically, it’s a resell platform for valuable items — rare sneakers especially. StockX has been tracking the prices of the Supreme x Louis Vuitton leather goods, so we hit them up to find out which ones killed it — and which ones didn’t.
In contrast to most of the second-hand Louis Vuitton leather goods on the market, Supreme x Louis Vuitton has strongly increased in price, behaving more like a hyped sneaker drop than a high-end handbag or duffel. Again, that’s not surprising given that it’s Supreme we’re talking about, but it’s important to note.
All of these pieces are available to buy now via StockX, by the way.
Note that we’ve excluded the trunks from the reports, as while they’re available to buy on the site, nobody has pulled the trigger — yet. These two youngsters were mad (and rich) enough to cop them via Louis Vuitton reps, though.
Unsurprisingly given their (relatively) low price and day-to-day practicality, the Sup x LV wallets and card holders are the most popular pieces on the resell market right now — the bright red ones especially (again, no surprises there).
In at #6 and #9 respectively are the duffel and backpacks, essential departure lounge accessories for filthy rich streetwear heads who want to flex those ridiculously big box logos on the move. The red duffel in particular screams celebrity-airport-sighting.
The bogo’d up leather pouch — sorry, pochette jour — will no doubt be v. essential for street style types who fancy dropping a few grand on a trendy fashion week accessory, too.
In terms of markup, again it’s the more practical pieces — and the ones with the biggest logos — that are killing it on the secondary market. The bogo-red version of the porte carte card holder has a strong average markup of 200 percent — not exactly Yeezy-level, but still a worthwhile investment for any budding resellers out there.
The rest of the top ten pieces veer from 150 percent to just shy of 100 percent. Basically, you could have doubled your money — at least — if you bought the right pieces from the Sup x LV pop-up stores.
What of the pieces with the biggest overall markups? Well, as you’d expect, the pieces with the highest markups are the ones that had the highest retail prices (bar the trunks). The bright-red Christopher backpack is an average of $5,173 more expensive than it’s original retail price. Five thousand dollars. That means if you copped one of the bags when they dropped, you could easily make five grand from flipping it. Nuts.
Check out the pieces in action in this new POPEYE editorial from Japan.
- Illustrations: Dan Freebairn / Highsnobiety.com