Thursday, February 9, 2023

Christie’s launches ‘Department X’ as collectible sneakers and street-wear boom

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  • Department X will sell rare collectibles across music, fashion, art and sports history, but sneakers and streetwear will be among its biggest categories.
  • The move is the latest sign that a wave of younger collectors are redefining the collectibles world.
  • Sotheby’s this month sold Michael Jordan’s “Last Dance” jersey for $10.1 million, setting a new record for sports memorabilia.

Sotheby’s launched its streetwear category in December, with most of the buyers between 20 and 40 years old and 80% of bidders new to the auction house.

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Disclaimer: This story is generated from RSS Feed and has not been created or edited by Waba News. Publisher: CNBC


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