A 26-year-old Rupert Crosse was arrested for stolen Yeezy’s in U-Haul. According to reports there were $250,000 worth.
The incident occurred Saturday night. Police recovered items the next day.
A tweet from the Portland Police Bureau’s North Precinct shows the stolen U-Haul filled with scattered stacks of brown shipping boxes. It was similar to what Adidas uses for e-commerce shipments. The tweet says all 1,100 pairs are Yeezys with an estimated value of over $250,000. This figure would price each pair at around $227, around what a pair of Yeezys costs at retail—meaning the total resale value could be considerably more than $250,000.
Portland Police posted the case number 22-74652 to twitter.
Yeezy’s stolen brand can’t seem to catch a break. Much like Rupert Crosse, Walmart was also once under fire for creating fake Yeezy’s.
Many fans were shocked to see an exact replica of Kanye’s Yeezy Foam Runners for sale on the Walmart website for a fraction of their usual $75 price-tag. However, it didn’t take long for Ye to file suite. His legal team to hit Walmart with a severe lawsuit for major damages.
The documents also state that by Walmart selling the knockoffs. This was critically costing the Yeezy brand hundreds of millions of dollars in revenue. Effected by brand name capitalization.
Kanye is very protective of his brand. West was once 53 million dollars in debt. He tweeted for Mark Zuckerberg to invest 1 million into his brand. Within 12 months Kanye had earned $150 million with the brand.
Due to his Adidas deal, Yeezy was expected to top $1.5 billion in sales in 2019.
Kanye once said, “To make products that make people feel an immense amount of joy and solve issues and problems in their life, that’s the problem-solving that I love to do.”
