How Much are you Willing to Pay for that Sweatshirt?
February 13, 2020
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.
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.
I have sold many of the “hot”items over the years and not one of them stands up over time. They are not a good investment and it will only hurt your wallet. These are liabilities that will never generate any real profit for you. Influencers are doing financial damage to the youth of today.
I personally think that spending thousands of dollars on clothes wouldn’t be worth it because you may grow out of them and it may just become useless. also, these types of products are a bit overpriced for someone to wear.
Many of the expensive clothing that is bought for 3,000 dollars does not seem worth in my opinion. I feel that many of the people who do buy these articles of clothes are hype beasts or just people who want to flex. Overall, it does not really bother me that people do buy these for 3,000 dollars are more.
I think i would never in my life buy something so big and branded if its too expensive, even though you can get a sweater that does the same thing for a very little amount like twenty dollars or maybe fifty dollars but never thousands of dollars. Same for the shoes you can buy a nice pair of vans for sixty dollars for more but never that much amount. But I would never buy something like that with a price tag with thousands of dollars. They’re may products that can do the same exact thing.
In My opinion, Clothing have been getting out a price which makes people change their mind in buying a product with such a high price. I prefer leaving clothing like expensive shoes and clothing for the people who have the money to spend. in this school, many of us can’t afford half the price of the LV hoodie and the back to the future sneaker. which if you’re smart about it you can buy much more stuff with the money you would have to waist in infamous clothing.
Personally, I wouldn’t spend an excessive amount of money on a sweatshirt like the Supreme x Louis Vuitton. It looks ight.. The don’t see the hype for it, not worth it nor is the amount of money people spend on sweatshirts or hoodies like these. The most I would probably waste would have to be 50 dollars, that’s enough for me. Don’t get me wrong I would spend lots of money on luxury like purses or shoes. For that count me in, because they are always in style. For example, a LV purse one that grabbed my attention coast $375 just for a MINI purse. Which isn’t like the others that cost over a thousand dollars. But count me in for this purse.
In my opinion, I would not spend a PLETHORA of money on that sweatshirt. It is not a DRUDGERY to have such an expensive piece of clothing. I feel like a lot of people in the current society feel the DURESS from others to have good clothing just to have some type of gratification. Many brands take advantage of kids these days and put out their expensive clothing that may not have that much of a design.
It’s interesting how much the prices can go up just because so many people want them and are willing to pay the price.
Seriously, $6-7 thousand for just a hoodie! I one hundred percent agree with Evelyn Rodriguez, they are definitely not worth the price. Great article by the way!
I would not spend more than $50 on a shirt and $100 on shoes. I think that it is ridiculous that the price of common clothing items can reach upwards of $500. Personally, I have never bought expensive clothing and probably never will because if I get an expensive shirt and spill something on it I just lost a bunch of money.
Well I wouldn’t pay so much for a sweater that has a different pattern. I agree that the prices of these things had skyrocket by social media. However, I don’t understand why business want to sell things that most of their consumer wouldn’t consider buying. Yes, it looks nice, but I don’t think someone would go out of their way to buy something for the logo. It’s like making a sweater out of money and pointing out that you wasted money for the logo. While other sweater are nice and simple to wear. I won’t buy something that I don’t think would be different from other products just for the logo. I would like to be basic little me.