Known for antiques and equities, Christie's Auction House is one of the most iconic and renowned auction houses in the world, having sold some of the most expensive pieces known to man. Adding a contemporary twist for the fashion lover, Christie's will be auctioning off every single Supreme shirt that's ever been made -- hitting a re-sale value of an estimated $2 million.
The collection will include every Supreme box logo shirt made between 1994 through 2020, totalling 225 tees. Supreme is one of the most coveted brands among streetwear collectors, and this auction will mark the largest Supreme collection to be offered in a single sale.
Some of the brands that Supreme has collaborated include Louis Vuitton and COMME des GARÇONS.
Collectors Streetwear Auctions
Christie's Auction House is Selling $2 Million in Supreme Shirts
Trend Themes
1. Streetwear Collecting - The rise of streetwear collecting presents opportunities for online platforms to offer curated collections and authentication services to cater to the demand.
2. Luxury Collaborations - The success of Supreme's collaborations with luxury brands encourages more high-end fashion houses to seek strategic partnerships with streetwear brands to tap into new markets and demographics.
3. Fashion Auctions - The popularity of fashion auctions, like Christie's sale of Supreme shirts, opens up possibilities for other auction houses to explore collaborations with fashion brands and create unique bidding experiences for collectors.
Industry Implications
1. Online Collectibles Platforms - Online platforms specializing in collectibles can leverage the demand for streetwear by offering a marketplace for buyers and sellers, as well as authentication and valuation services.
2. Luxury Fashion - Luxury fashion brands can explore collaborations with streetwear brands to tap into the growing market of streetwear collectors and appeal to a younger, more diverse customer base.
3. Auction Houses - Auction houses can venture into the fashion space by partnering with fashion brands and offering exclusive auctions that attract both traditional collectors and enthusiasts of streetwear culture.