It’s no surprise that demand for the LV AF-1s outweighed supply, and with hype causing a major surge in the reselling industry, many pairs turned up on the aftermarket. Of course, a number of people were looking to drop a stack to make pairs their own, and in Korea, a couple of transactions garnered more attention than others.
According to reports from Korea Bizwire, some pairs were sold for up to 14m won ($9763) via the KREAM platform (the colourways that fetched the excessive amount have not been confirmed).
According to the news source, Nike’s South Korean webstore have updated their terms and conditions to include a clause that bans purchases for the purpose of reselling, which comes into play this month. The clause allows Nike to reserve the right to reject returns or refunds if purchases are deemed to be made with the intention of reselling. It also allows Nike to cancel orders if they fall under a similar situation.
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