How sneakers became big-money collectibles

In 2009, Derek Morrison stood in an airport boutique and considered spending $960 on a pair of Louis Vuitton x Kanye West sneakers crafted from rose-tinted suede and caramel leather. He ultimately decided against it — he couldn’t justify the price and had too many suitcases.In 2009, Derek Morrison stood in an airport boutique and considered spending $960 on a pair of Louis Vuitton x Kanye West sneakers crafted from rose-tinted suede and caramel leather. He ultimately decided against it — he couldn’t justify the price and had too many suitcases.