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Sneaker collection sells for 'record-breaking' $25 million Sotheby's has sold 200 pairs of sneakers designed by the late Virgil Abloh for a "record breaking" collective $25.3 million, the auction house said Wednesday -- more than eight times the initial $3 million estimate. The special edition Louis Vuitton and Nike "Air Force 1" sneakers were designed for the Louis Vuitton Spring-Summer 2022, Sotheby's said in a press release. The auction marked the first time the sneakers were released for sale, Sotheby's said. A spokesperson told CNN Thursday that, as a collection, the sneakers had secured "a record auction total" for fashion. Sneaker collection sells for 'record-breaking' $25 million Written by Sara Spary, CNN Sotheby's has sold 200 pairs of sneakers designed by the late Virgil Abloh for a "record breaking" collective $25.3 million, the auction house said Wednesday -- more than eight times the initial $3 million estimate. The special edition Louis Vuitton and Nike "Air Force 1" sneakers were designed for the Louis Vuitton Spring-Summer 2022, Sotheby's said in a press release. The auction marked the first time the sneakers were released for sale, Sotheby's said. A spokesperson told CNN Thursday that, as a collection, the sneakers had secured "a record auction total" for fashion. Op-ed: Virgil Abloh dissolved 'barriers of entry' with joy and optimism Op-ed: Virgil Abloh dissolved 'barriers of entry' with joy and optimism Individual pairs of sneakers have, however, commanded a higher price. This includes a pair of Nike Air Ships worn by basketball star Michael Jordan, which sold for $1.47 million in October. Abloh, who was the artistic director for Louis Vuitton menswear -- and the fashion house's first Black artistic director -- died in November at the age of 41 after privately battling a rare form of cancer for two years. The shoes ranged in size from 5 to 18, with the size 5 pair securing the highest price, at $352,800 -- more than 23 times its $15,000 high estimate.
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