Silicon Valley shoppers are paying hundreds of dollars for used Louis Vuitton sneakers

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louis vitton damier high-top sneaker 4x3

The RealReal; Business Insider

The Louis Vuitton Damier high-top sneaker.

Silicon Valley, land of hoodies and startup tees, isn't known for its dazzling fashion. But a leather high-top sneaker from Louis Vitton, which retailed for $745 before it went out of production, has captured the hearts and wallets of Startupland, according to a new report from Bloomberg .

The Louis Vitton Damier high-top sneaker is the top-selling item among online shoppers in San Francisco and Silicon Valley on The RealReal , an online luxury consignment shop, Bloomberg reports. The shoe is available in a variety of styles and fetches around $500 in good condition.

As Bloomberg notes, the checkered-patterned sneaker is the " opposite of understatement." Like the love child of a vintage pair of trainers and Vans shoes, it appears youthful and chic.

We found versions of the shoe sold on The RealReal in the range of $275 to $525 . It's unclear how many units have sold on the site and how its sales fared compared to similar items.

The sneaker has undergone a sort of "fashion baptism," as the New York Times reported in 2014 . As dress codes go lax and designers turn their attention to the "athleisure" market, men and women have more stylish, workplace-appropriate options than ever - high-tops included.

In 2016, Wool Runners from San Francisco startup Allbirds became the must-have sneaker in Silicon Valley . Called the "world's most comfortable shoe" by venture capitalists, startup founders, and the company itself, the shoes are made from wool and retail for $95.

If you spot the Louis Vitton Damier in the wild, shoot us an email with a photo.

NOW WATCH: Here's how a sneaker collector made 6 figures buying and reselling rare and limited release kicks

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