How Much are you Willing to Pay for that Sweatshirt?
February 13, 2020
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Prices have skyrocketed in recent years when it comes to fashion streetwear. Many kinds of hoodies have increased massively in value due to resell prices. Just an example, if you wanted a Supreme x Louis Vuitton hoodie, it will run you back about $6-7 thousand.
These extortionate prices have largely been due to social media and celebrity influence. This has pushed the idea of spending thousands of dollars on streetwear clothing.
These trends have become so widespread that the brands have become largely well-known among high schoolers. Some of the most well-known streetwear brands are: Supreme, Bape, Gucci, Yeezy, Louis Vuitton, and CDG.
We decided to ask around Godinez to see how much students would be willing to pay for that bougie sweatshirt.
Senior, Andrew Robinson said, ”I know that these hoodies are worth a lot so I think like around $3000 maybe. Even though I’ve never bought a hoodie at this price, I have bought shoes, so I know.”
One of the reasons that these sweatshirts sell for that high of a price are due to brands collaborating with each other. These items become increasingly rare due to limited supply and high demand. Some examples of this are the LV x Supreme hoodie, Travis Scott Cereal Box, and Supreme x CDG shirts.
One of the most popular items in the resale market are shoes. Shoes are some of the most in demand items. For example, one of the most coveted pair of shoes is the Nike Mag Back to The Future 2016 which averages a selling price of $26,000.
Courtesy of Stockx.com
Nike Mag “Back to the Future”
Many expensive shoes have made their way into mainstream fashion. Some of these include: Nike Air Forces, Adidas Ultraboosts, and Yeezys. These types of shoes have become very common among high schoolers and young people.
Senior, Jose Luis Casian, stated how he began purchasing these types of expensive clothing about a year ago. He began collecting the different materials from shoes to shirts and sweatshirts. “I became interested in the different types of styles that the clothing brands came up with which had initially grabbed my attention,” said Casian.
This growing resell market has led a lot of people to join the growing market. There are many people who wait in lines.
For senior, Evelyn Rodriguez, she said, “I have heard of these hoodies before and I know that they are expensive, but in my opinion I don’t believe that they are worth the price.”
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The max amount that I am willing to pay for a sweatshirt is about thirty dollars. Also, for shoes, I am only willing to pay about one hundred dollars. I agree with what Evelyn said about the hoodies not being worth that price, I don’t think that the prices should have ASCENDED that high. To add on, I believe that the merchandise has high prices because they BESIEGE famous people and rich areas. Also, sellers have the JURISDICTION because a consumer wants to buy expensive merchandise cause it looks good or just to show off the brand, they are willing to pay whatever to get it, so the seller can make the merchandise any price.
-Jesus
I personally would not spend thousands of dollars just for a sweatshirt. I find it useless because with the money you are spending it on you can buy more clothes instead of just one INFAMOUS sweatshirt. If I was really wealthy then maybe why not but I prefer just buying clothes that I personally like. I find it crazy how sweatshirts cost more than 5000 dollars. I always wonder why it cost so much like is it the way its FRABICATED?? At the end of the day, you can do whatever with your money but personally I wouldn’t spend more than 3000 dollars on a sweatshirt also because I think it’s INANE to spend money on expensive clothing. Joseph
The drastic ASCEND in the prices of clothes is in some ways for good reason but also increased for no reason. Clothes for some people are a SANCTUARY but some like to buy a lot of it and some like to buy 1 or 2 pieces of clothing that cost well over a thousand dollars. Some pieces of clothes are worth their prices if they are part of history or fan memorabilia, for example, the Nike Mag from “Back to the Future” has history and actual value to it. Some shoes or clothes aren’t worth the sudden SURGE in price supposed to be as high of value just because of the brand like “supreme” or “bape” with some plain black socks with the word supreme on it worth 80 dollars. The people that buy the high priced items (hypebeasts) are the main problem some besiege BESIEGE stores and people getting into a SKIRMISH over a pair shoes and openly FLOUTING how worthless the things they physically fight for are.