I have a feeling the ppl who bought the varsity jacket to flip are going to take a bath on fees on it unless they get some hypebeast to bite in the next 24hrs. Hopefully most folks who spent that kinda $ are looking to wear it, though.
I have a feeling that these "heat" brands like Supreme, ALD and Kith are now following the pricing model that sports teams and music acts are following: "why only charge $X for stuff if the resell marketplace has traditionally been willing to pay $Y?" So while a varsity 3 yrs ago was only $400, but ppl paid $700 resale for it, now Supreme is charging almost $600 and I don't think a lot of ppl are gonna wanna spend $800+ resale on it. We'll see, though. Maybe some rich bois out there really will blow $1k+ on it.