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Jurgen Klopp pinpoints what motivated Liverpool stars to clinch Premier League title – Mirror Online

Posted: June 30, 2020 at 3:45 pm


Jurgen Klopp has revealed that Liverpool's motivation for winning their maiden Premier League title came from focusing on working hard, rather than caring about points.

The Reds cantered to their first league title for 30 years, confirming the silverware with seven games to spare last week.

Klopp has masterminded 28 wins from 31 fixtures so far, only dropping seven points all season, having destroyed almost everything in its path, having only missed out on the crown last year by one point.

But rather than care about how many points were on the board, the German insists that staring solely at their own performances drove them to glory.

"For us to finish above Everton and the 18 other Premier League clubs is an unbelievable achievement," Klopp wrote in a letter to the Liverpool Echo.

"I respect all of them because between us we combine to make English football so competitive and so compelling that people all around the world are captivated by it.

"The mistake would be to focus only on how many points we lead by because I cant think of too many games in which we were not forced to fight for every single inch. In some, we had to dig deep into our souls to find a way to win.

"On so many occasions I walked into the dressing room afterwards, amazed and so happy with what I had just seen, only to find the boys out on their feet because they had given so much on the pitch.

"This is a hard league and it has been won the hard way no matter what the table says.

"For this to happen we have needed so many ingredients to come together. The actions and achievements of the players speak for themselves.

"All of the tributes that they have received are so deserved and as their manager I could not be more proud. But for all the focus on their ability and their commitment, one thing that has been overlooked is that as a group they understand exactly what it means to represent this city and carry its name.

"This is the petrol in their tank that is always there and it has fuelled us every step of the way."

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Jurgen Klopp pinpoints what motivated Liverpool stars to clinch Premier League title - Mirror Online

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June 30th, 2020 at 3:45 pm

Posted in Motivation

Craig Gordon slams Hearts ‘injustice’ as goalkeeper points to added Tynecastle motivation – Daily Record

Posted: at 3:45 pm


Craig Gordon believes Hearts have every right to be in a relegation rage and theyll use it to fuel their promotion fire next season.

The keeper rejoined the Jambos on a two-year deal on Monday after his six-year stint at Celtic came to an end.

The 37-year-old knocked back an offer from the champs, which he revealed included an enormous wage drop from his previous deal.

Hearts and Partick Thistle are in court on Wednesday as part of their legal challenge against relegation to the Championship and League One respectively.

Gordon insists the pair should feel aggrieved and that the anger towards the SPFL plus other clubs is understandable.

He said: Everybody in the sporting world has a great deal of sympathy for Hearts. Its a difficult thing the club are having to deal with at the moment.

Its a feeling of injustice for the fans and players. As a player you can only feel sorry for the guys who didnt get the chance to put things right on the pitch.

They still had eight games to go and yet they had that chance taken away from them. From a sporting point of view, as a fellow player, thats pretty hard to take.

Theyll be hurting from not getting that opportunity as will the fans who were also denied that opportunity to see out the season and get behind the club and team to achieve the results that would have got them out of trouble.

There are a lot of things which are going to make Hearts fans, players and everyone else associated with the club very angry and quite rightly so. If any club or any player was in that same situation then theyd feel the same way.

Gordon admits the desire to right some perceived wrongs and settle scores if Hearts bid to scrap the drop does fail played a part in his call to return 13 years on, having been Fraser Forsters understudy.

He said: There are a whole host of things that were involved in making the decision but yes it was something that came into my mind. This has happened and who knows what may happen in the coming weeks.

There is still a lot of discussion to be had in that area so I dont want to say too much about it.

But yeah for me to come back and help fight for Hearts to get back to where they want to be is something I wanted to do.

And it will be a fired-up Hearts that mount their bid for the Championship title come October, ready to take out their anger.

He said: That would be what every player would want to do. The motivation from last season will be to have a good season and prove everybody wrong.

There is going to be quite a big fallout from this. Its going to last for quite some time, maybe even years, in terms of rivalries and people feeling wronged by other clubs.

Thats going to last because of how everything worked out and the injustice felt by a number of teams. There is going to be that added little spice to things because of that.

And Hearts are going to have the greatest burden of that after being put in a position where they feel unjustly relegated.

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Craig Gordon slams Hearts 'injustice' as goalkeeper points to added Tynecastle motivation - Daily Record

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June 30th, 2020 at 3:45 pm

Posted in Motivation

Robin Gudal: Always be motivated by love – Albert Lea Tribune – Albert Lea Tribune

Posted: at 3:45 pm


EN(dur)ANCE by Robin Gudal

Robin Gudal

Have you ever been angry? I have been.

Ephesians 4:26 commands us, Be ye angry, and sin not: let not the sun go down upon your wrath. (King James Version)

Many of us who have been married have heard this. In recent years popularity with the sayings on placards, the modern version is Always kiss me goodnight.

I have done the angry thing right as the above verse and I have done it wrong.

In reference to these past days, I think this verse should be studied, read, prayed over and implemented in all our hearts.

The movie Thirteen Reasons (very raw, often disturbing, however a thought and discussion provoking series on Netflix) displays a picture of this verse being done wrong. To be driven by emotion and passion that is not tempered by reason, love and peacefulness. Destruction, pain, sorrow, more injustices, hatred and death then becomes the reality. A devastating mess.

Its easy to hate. Its easy to fear. Its hard to love. But its not optional. Its essential.

Ecclesiastes 7:9 NIV: Do not be quickly provoked in your spirit, for anger resides in the lap of fools, NLT, Control your temper, for anger labels you a fool.

James 1:19, 20 NIV: My dear brothers and sisters, take note of this: Everyone should be quick to listen, slow to speak and slow to become angry, because human anger does not produce the righteousness that God desires.

When I think upon days of past and of recent regarding injustices (across our existence as humans) I become very emotional. We have often not done it right.

So, lets not get tired of doing what is good. At just the right time we will reap a harvest of blessing if we dont give up. Galatians 6:9 (NLT)

Divine wisdom comes from those who grab the problem with their hands, lift it up to the Lord and ask, What shall we do with this? Carrie Lloyd, The Noble Renaissance

Let me hold the door for you.

I may have never walked in your shoes, but I see your soles are worn,

Your strength is torn under the weight of a story, I have never lived before.

Let me hold the door for you.

After all youve walked through, its the least I can do.

Morgan Harper Nichols, Empathy

There is a purpose in every season, and no matter how you want to race through this day or run away from this place, rest assured that you are invited to live fully right here, right now. Light will always find you, and even when the sun sets and you sit awaiting the dawn, know you are still blooming in the way you were meant to.

Each small moment, whether in the light or the dark, you can make room for becoming, for breathing, for stumbling, and for simply being for there is Grace, today and every day.

Care enough to come alongside others.

Pastor Jeff Phelps, Crossroads Church

Please be motivated by love in words, actions and reactions!

Robin (Beckman) Gudal, intentional in life, is a wife, momma, nana, friend, and a flawed and imperfect follower of Jesus.

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Robin Gudal: Always be motivated by love - Albert Lea Tribune - Albert Lea Tribune

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June 30th, 2020 at 3:45 pm

Posted in Motivation

Keeping Your Kids Motivated Academically This Summer – phl17.com

Posted: at 3:45 pm


During these unprecedented times students have been learning at home. We get some tips on keeping your kids motivated academically this summer with Marvin Dutton who has a virtual learning academy.

Tips:

1. Set short, medium- and long-term learning goals for the summer. Be sure to attach an award or desirable activityto each goal.

2. Have your child list topics that they find interesting. Gain access to materials in this particular subject area. Have your child research online or in a text.

3. Schedule daily instruction time for your child. Children are typically used to a routine during the academic school year. During this time guide their instruction with online activities and educational resources. See what sites interest your child the most.

4. Remember to use positive reinforcement. Attach tasks to an outdoor activity or experiential learning opportunity. Remember to practice social distancing.

For more information visit their website, here.

You sent in photos, and celebrity antiques appraiser Dr. Lori has studied them.

Can you guess which of these items is worth something and which belongs in the dumpster?

Read the Full Article

PHL17 is the home of Union Soccer, but because of the pandemic we haven't had much soccer to enjoy. But even with no soccer just yet, the team still does so much in our community.

Read the Full Article

As the Coronavirus pandemic ramped up, many people stopped seeking care at their primary physicians if it was not covid related. But health officials say it's important to know the doctor's office is open.

Read the Full Article

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Keeping Your Kids Motivated Academically This Summer - phl17.com

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June 30th, 2020 at 3:45 pm

Posted in Motivation

Mandana Karimi’s Swimwear Look Is Exactly The Kind Of Monday Motivation We Need – NDTV Swirlster

Posted: at 3:45 pm


It's Monday and across the world, motivation is dipping and willpower is sagging. Whether it's to exercise, keep chugging through office work, stick through your healthy eating goals or even just maintain positivity through tough times like these; we're all in this together. What could make the rest of us feel a little better is Mandana Karimi and her version of Monday motivation. The multifaceted Bollywood personality posted a black and white photo of herself wearing a two-toned bikini settled in the sand with a wide smile and appropriate beach waves in her short hair. It's a "feeling kinda cute Monday" for Mandana and if nothing else, we're inspired to do ab crunches.

It seems like swim wear is always favoured bythe actress slash singer slash dancer. Her latest Instagram photo is a throwback to a photoshoot from last December. Shot at Juhu beach, she sported a high neck lace bralette with white bottoms.

Another take from the same photoshoot puts her pearly whites on display along with the bikini this time around.

(Also Read:Mandana Karimi Welcomes Spring In Lovely Lavender)

Mandana is definitely missing her days spent travelling around the world. She shares a sunkissed picture in a red swimsuit with the breeze in her face along with a picture perfect recreation of it in her bedroom in the present day.

She celebrated world environment day with a photo of herself wearing a beige bikini, sunglasses and short hair on a sandy beach with a picturesque green mountain and blue waves as her backdrop.

Another black and white photoshoot saw Mandana in a white scalloped bikini as she sprawled on the shore.

Wearing a yellow bikini with sunglasses and a juicy burger in her hand was Mandana's pre-quarantine look. Now it's all about eggs, almonds and salads.

The lovely red swimsuit with gold interlocked loops is back on the lady; this time paired with dark cat eye sunglasses.

Mandana Karimi wearing a black strapless bikini and sunglasses looking ready to devour a massive pizza and salad which is in front of her is a whole mood.

Want to sport a bikini like Mandana Karimi on your next beach day? Try these picks.

Disclaimer: The Swirlster Picks team writes about stuff we think you'll like. Swirlster has affiliate partnerships, so we get a share of the revenue from your purchase.

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Mandana Karimi's Swimwear Look Is Exactly The Kind Of Monday Motivation We Need - NDTV Swirlster

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June 30th, 2020 at 3:45 pm

Posted in Motivation

FinecoBank Adds New Investment Options with Funds from Aberdeen Standard Investments – Crowdfund Insider

Posted: at 1:47 am


FinecoBank (BI:FBK), an online trading and banking platform, has added a suite of funds from Aberdeen Standard Investments (ASI). The company states that with the new funds from ASI, Fineco clients in the UK now have access to a new set of funds. ASI is a global asset manager managing over $644 billion worldwide. FinecoBank says clients may access the funds at 25 basis points per year.

Fineco launched in the UK just over two years ago with an offering focused on trading, banking, and investing services, which can be managed through a single account, with the ability to hold up to 13 currencies as standard. Fineco once was a part of Unicredit but was spun out from the firm which now trades on the Borsa Italiana. Fineco offers commission fee trading for UK/US/European listed shares. The bank promotes its all in one, global approach with free current accounts.

Paolo Di Grazia, deputy general manager of Fineco, said they arecommitted to providing in the next few months our customers in the United Kingdom with the best asset managers offering, aiming to add a wider number of funds of 70 partners, today available on our Italian investment platform.

Fineco chose Aberdeen Asset Management for the firms expertise and quality of offering: the current market phase has shown why investors need access, at a competitive fee, to the best quality asset managers who can thrive in changing market conditions.

Campbell Fleming, Global Head of Distribution, Aberdeen Standard Investments, added that Fineco is one of their key partners in Italy, and their efforts to extend this partnership offering to the UK will help support a wider customer base in this market.

Our global presence and our knowledge of individual markets allow us to be the partner of choice for our customers whether operating in a single country, or as in this case, planning to expand their presence on a larger scale. ASI is committed to offering Fineco its full range of solutions and provide all the necessary support to achieve its objectives in the UK market.

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FinecoBank Adds New Investment Options with Funds from Aberdeen Standard Investments - Crowdfund Insider

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June 30th, 2020 at 1:47 am

Posted in Investment

YC to cut the size of its investment in future YC startups – TechCrunch

Posted: at 1:47 am


In a blog post this Friday afternoon, Y Combinators president Geoff Ralston said that the accelerator would make two changes to its terms for startups.

The first would see the size of the standard deal for YC startups decline from $150,000 for 7% (roughly a $2.1 million post-money valuation) to $125,000 for the same equity (or roughly a $1.79 million post-money valuation). The deal will continue to be offered using a SAFE, which YC and a group of others pioneered as a simpler investment option compared to convertible notes.

Interestingly, the firm is always writing into its terms that it will only take pro rata up to 4% of a subsequent rounds size, which is obviously smaller than the 7% ownership that the company is buying in its financing. That 4% number is a ceiling in cases where the accelerator has less ownership than 4%, the smaller percentage applies. Full terms of Y Combinators deal are available on its website.

The new deal will apply to startups who join Y Combinator in the Winter 2021 batch, and doesnt include startups in the current summer batch (who have already presumably been funded)

YCs deal has varied over the years. When it first launched more than a decade ago, it offered terms of $20,000 for 6%.

A Y Combinator spokeswoman said that the change was in line with the fundraising and budget realties of the accelerator going forward. The future of the economy is unpredictable, and we feel it is prudent during these times to switch to a leaner model, she said. In our case, we want to be set up to fund as many great founders as possible especially during a time that is creating an unprecedented change to consumer and business behavior; with these changes comes endless opportunities for startups. And with the changes made to our standard deal, we can fund as many as 3000 more companies.

Outside of budget, at least a couple of factors are potentially at work here. One is the increased use of Work From Anywhere, which presumably can help lower some of the running costs of a startup, particularly in its earliest days (e.g., no need to pay for that WeWork flex desk).

Y Combinator has also invested more of its funds into emerging markets startups, which can have dramatically lower costs of development given prevailing wages for talent in local markets.

Yet, the cutback is also a sign that the flood of capital entering the Valley in recent years has receded if ever so slightly in the wake of COVID-19. Valuations are depressing, and while $25,000 is not a massive loss considering the scale of later venture financings, the 16% valuation haircut is in line with other numbers we have seen in the Valley in recent weeks.

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YC to cut the size of its investment in future YC startups - TechCrunch

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June 30th, 2020 at 1:47 am

Posted in Investment

Constellation Brands Ventures to Invest $100 Million in Black-Owned Beverage Companies by 2030 – Brewbound.com

Posted: at 1:47 am


Constellation Brands venture capital arm will invest $100 million in beverage alcohol startups with Black founders over the next decade, the company announced today.

Constellation Brands Ventures (CBV) Focus on Minority Founders program follows the template the beer, wine and spirits company used to create Focus on Female Founders in late 2018. Since that initiatives launch, female-owned businesses in CBVs portfolio mix have increased from 20% to 50%.

This reinforces there is a real need for these programs, and they can drive measurable improvement in minority representation for our industry, Constellation Brands CEO Bill Newlands said in the release.

Of companies that received venture capital backing between 2013 and 2017 nationwide, just 1% had Black founders, according to a diversity study by Rate My Investor. The study also found that 77.1% of founders are white and 90.8% are male.

In the beer industry, 1% of brewery owners are Black, according to the Brewers Associations Brewery Operations Benchmarking Survey. Slightly more than half (52.3%) of breweries are 100% male-owned, and 31% have 50-50, male-female ownership, usually husband-and-wife teams. Just 2% of breweries are female-owned.

In addition to investment funding, companies in the Focus on Minority Founders initiative will receive support in the form of sales, marketing, operations, and finance expertise from Constellation executives, as do companies in the Focus on Female Founders pipeline.

In its first year, Focus on Female Founders connected hard seltzer maker Vivify with more than 150 wholesalers and guided Austin Cocktails through a packaging redesign, according to a post from CBV vice president Jen Evans.

In January, Constellation Brands acquired a minority ownership stake in Press Premium Alcohol Seltzer, a company in the Focus on Female Founders program. Two months after Constellation made a minority investment in Press, the companys chief commercial officer for its beer division, Bruce Jacobson, left to join the Milwaukee, Wisconsin-based hard seltzer maker.

Constellation will also work internally to create greater equity for African American/Black colleagues, it said in the release. This entails a review of recruitment, hiring and talent development processes to challenge unconscious bias internally.

Externally, Constellation will review its sponsorships, advertising policies and brand activations to ensure they are aligned to brand and company values.

Newlands has also signed onto CEO Action for Diversity and Inclusion, a business commitment to advance corporate diversity. Other beverage alcohol CEOs who have taken the organizations pledge include Anheuser-Busch InBev CEO Carlos Brito, Beam Suntory CEO Albert Baladi, Brown-Forman CEO Lawson Whiting, Diageo North America president Deirdre Mahlan, Molson Coors CEO Gavin Hattersley, New Belgium CEO Steve Fechheimer, and Standard Beverage president Darrell Swank.

Constellation will also donate $1 million to and begin a multi-year partnership with the Equal Justice Initiative, which is committed to ending mass incarceration and excessive punishment.

We categorically denounce bigotry, racism, and social injustice, Newlands said in the release. They are clearly inconsistent with our company values and our commitment to embracing diversity and creating an inclusive environment where all employees feel safe, respected, and valued. We stand in solidarity with the Black community and we are committed to achieving meaningful and lasting change.

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Constellation Brands Ventures to Invest $100 Million in Black-Owned Beverage Companies by 2030 - Brewbound.com

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June 30th, 2020 at 1:47 am

Posted in Investment

Morgan Stanley is bullish on Singapore stocks and expects 14% returns – CNBC

Posted: at 1:46 am


People wearing protective masks walk along the Jubilee Bridge at the Marina Bay waterfront on June 7, 2020 in Singapore.

Suhaimi Abdullah | Getty Images

Morgan Stanley is bullish on Singapore stocks and expects as much as 14% returns for the MSCI Singapore index over the next 12 months.

In fact, investors could increasingly be looking to Singapore as a safe place to invest in as uncertainty roils the region, the investment bank said.

"We could see inflows supported by a growing of perception of Singapore as a safe haven amid geopolitical and economic uncertainties in the region," analysts Wilson Ng and Derek Chang wrote in a report last week.

Covid-19 has ravaged economies worldwide, and Asia-Pacific nations have not been spared.

Singapore, a wealthy city state in the region, has unveiled one of the most generous measures to support its economy four stimulus packages worth 100 billion Singapore dollars, or almost 20% of the country's GDP.

At the same time, geopolitical tensions have intensified.

Hong Kong's protests reignited again in May after China approved a national security law said to curtail the Chinese city's freedoms. The latest demonstrations come after months of protests last year that crippled the territory's economy.

Singapore and Hong Kong have traditionally been competitors for the status of the top financial hub and wealth center in Asia.

Money has been increasingly flowing into the city state in the past year.

In April, a record amount of money flowed into the city-state's banks, data from Singapore's central bank showed.

Deposits from non-residentsjumped 44% year-on-year to a record $62.14 billion Singapore dollars ($44.58 billion) in April the fourth monthly increase and a trend since 2019.

Markets in Singapore also saw more inflows via passive funds, which have been jumping year-on-year, according to data by Morgan Stanley. Passive investing is a strategy where investors buy an index that broadly tracks the market, such as exchange traded funds. It is increasingly popular among investors, as opposed to individual stock picks.

The perception of Singapore as a safe haven amid the current health crisis and geopolitical uncertainties could drive more high-net worth individuals (HNWIs) to allocate more of their wealth in the country

Wilson Ng and Derek Chang

Morgan Stanley

The real estate sector is key in driving those gains, according to the investment bank. Singapore, a regional hub for real estate investment trusts, or REITs, has been supported by a sustained low interest rate environment that has fueled a chase for yields, said the investment bank.

REITsare companies that manage a portfolio of properties such as offices, shopping malls, or hotels. Income generated from those assets, after accounting for fees, is distributed as dividends to shareholders.Investors generally find REITs attractive for their dividend payouts.

"We think the growth of the Singapore REIT market, which led to more representation in benchmarks used by expanding passive real estate and yield focused ETFs, was, and will continue to be, a significant factor driving passive fund inflows," said the report.

"The perception of Singapore as a safe haven amid the current health crisis and geopolitical uncertainties could drive more high-net worth individuals (HNWIs) to allocate more of their wealth in the country."

The overall rise in capital inflows "could spill over" into local markets and further drive up demand, Morgan Stanley said.

Valuations for Singapore stocks have bottomed, says Morgan Stanley, but it says that a "sustained rebound is underway."

"High and sustainable dividends" are what differentiates Singapore stocks from other markets, it said.

Here are five stocks that Morgan Stanley predicted will have sustainable dividends, and which fit the theme of cyclical recovery:

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Morgan Stanley is bullish on Singapore stocks and expects 14% returns - CNBC

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June 30th, 2020 at 1:46 am

Posted in Investment

450k for trainers: why vintage fashion is the new smart investment – The Guardian

Posted: at 1:46 am


Handbag aficionado Cardi B with some of the examples fuelling the secondhand market. Composite: Christies, Back Grid, Bonhams, Fellows Auctioneers

If youve ever complained about the cost of new trainers, consider this. On Friday night, a pair of running shoes sold $162,500 (132,000) at auction at Sothebys in New York. Though these unique spike shoes were handmade in the early 1970s by Bill Bowerman, co-founder of Nike, theyre not even the most expensive trainers in the world. Those were sold at Sothebys last month: a pair of Michael Jordans Air Jordan 1s from 1985 fetched $560,000 .

These sales are part of a growing trend for traditional auction houses to sell fashion and streetwear. Many now sell skateboards as well as Picassos, and are setting up handbag departments alongside those for antiquities and old masters.

According to data analysts GlobalData, the secondhand market for luxury goods is set to be worth $51bn by 2023, compared with $24bn in 2018, and while plenty of this will be through dedicated fashion resale websites, venerable auction houses are getting in on the act.

Bonhams, founded 1793, holds its inaugural handbag sale in July. The lots include a Perspex handbag designed by Virgil Abloh for Louis Vuitton in 2018 and a 2019 Herms Birkin. Meg Randell is head of the handbag department, set up at Bonhams this year, and she says the luxury secondhand market grew four times faster than the primary market this year. Pre-loved luxury goods are huge in all sectors from auction houses to online, she says.

According to Randell, secondhand sales are driven by two factors. Some bidders want items you cant get new. For example, you cant go into a Herms boutique and buy a Birkin. Herms doesnt run a waiting list anymore, they only make them for friends of the fashion house. So theres a huge resale market.

For others, theyre looking for cheaper bags on the secondary market or bags from the last 20 years. At the moment, you see a lot of influencers on Instagram with Fendi Baguettes the It-bag of 2000 so theres a big market for those.

A report by Art Market Research published last week said that in 2019, 3,700 designer handbags sold for 26.4m at auctions around the world. Birkin handbags increased in price by 42% on average last year, while the average value of Herms Kelly bags have risen 129% since 2010.

While Christies and Sothebys also have established fashion and handbag departments, the latter has cornered the market on trainers since 2019. Their first auctions broke world records. Brahm Wachter, director of e-commerce Development, says Sothebys identified that the sneaker resale market was expected to grow to $6bn by 2025, and also noted how many collectors were out there. We wanted to try something unique, but stay true to our brand with our first sneaker auction, he says. In partnership with online streetwear platform Stadium Goods, we sold 100 of the rarest sneakers ever released, and at the time broke a record for the highest price, selling the 1972 Nike Moon Shoe for over $400,000.

Wachter says that trainers havent caused culture shock at Sothebys. In fact, two pairs are on view for sale at their New York headquarters a pair of What the Dunk skate shoes with a starting price of $12,500 and a pair of Air Force 1s Lux Anaconda, which start at $2,500.

Trainer collectors certainly have a reputation for obsession. Jordan Geller is the American collector who sold the two record-breaking pairs of trainers at Sothebys recently. He made the Guinness Book of Records in 2013 for having the worlds largest collection of Nikes, and at one point owned more than 15,000 pairs. Currently he has about 300.

Ive always viewed sneakers as art and its great to see other people feel the same way

Its difficult for me to put a value on my collection as I consider them priceless, he says.

Like all serious sneaker collectors, Geller identifies as passionate and obsessive. I am certainly both. Collectors are always on the hunt for that next special pair. We are nostalgic, and sneakers bring back good memories for us. He thinks its great that auction houses are getting into trainers. Ive always viewed sneakers as art, and its great to see other people feel the same way.

Wachter believes trainers are culturally important. Sneakers cover a broad range of our cultural history. From sports and art to film and music, sneakers are often a big (and popular) part of the story. All it takes is watching Back to the Future II, with Marty McFly lacing up his Nike MAGs, to see the importance that these items ,and Nike, have had on our collective culture.

He also notes that although the first Sothebys skateboard sale was held only last year, skateboards decorated by artists such as George Kondo and KAWS had previously gone under the hammer just at contemporary art auctions.

Collaborations between designers and artists is one of the modern phenomena that has meant fashion is now viewed as a collectible commodity, but more fundamental changes in the audience for fashion have come through the internet and the access it provides to blogs, influencers and Instagram.

The landscape of fashion has completely changed in the last two decades, says Oriole Cullen, a contemporary fashion and textiles curator at the V&A, the London museum with the largest fashion archive in the world. The history, theory and study of fashion has become more accessible. There used to be gatekeepers who decided what fashion could be and what was important but thats all gone.

The idea of bidding on modern fashion has come from brands such as the streetwear label Supreme, which really sparked the trend for buying limited editions. Clever brands limit production, which feeds demand. Now auction houses hold online sales, anyone can bid from anywhere around the world. Its a global conversation.

As Cullen says, if theres demand then theres going to be a sale. Though she cautions that not all buys will hold their value. Some of these products use experimental fabrics which do degrade weve found that with our collections.

Although the current boom in auction house and online sales causes her some professional disappointments as so many bidders are now competing for items the V&A might want, Cullen is all in favour of the democratisation of fashion.Before the internet, many clothes would be worn and then lost for ever. Now if you want to look for dresses made by, say, Balenciaga in the 1950s, theres a chance youll find them. Thats kind of magical.

Handbags: The most expensive handbag sold in the UK was a Herms Himalaya Birkin bag with white gold and diamond buckles and clasps which fetched 162,500 at Christies in 2018. The most expensive handbag ever sold at auction was also a Birkin. That went for 293,000 at a Christies auction in Hong Kong.

Trainers: Michael Jordans worn, autographed Nike Air Jordan 1s from 1985 sold for $560,000 at Sothebys in May 2020. The shoes had a reserve price of $150,000 but the sale coincided with the smash hit documentary series about Jordan, which had 23.8m viewers worldwide on Netflix.

Skateboards: Supreme is the worlds most sought-after skateboard brand at auction. A collection of 248 skateboards was sold at Sothebys for $800,00 in 2019. Christies auction dedicated to Supreme streetwear, also in 2019, featured a Supreme x Louis Vuitton skateboard that went for $30,000.

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450k for trainers: why vintage fashion is the new smart investment - The Guardian

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June 30th, 2020 at 1:46 am

Posted in Investment


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