The Standard Group Plc is a multi-media organization with investments in media
platforms spanning newspaper print operations, television, radio broadcasting,
digital and online services. The Standard Group is recognized as a leading
multi-media house in Kenya with a key influence in matters of national and
international interest.
A pair of 1985 Nike Air Jordan 1s, made for and worn by U.S. basketball player Michael Jordan, is seen in an undated handout photo ahead of an online auction by Sotheby's New York. [Sotheby's/Handout via Reuters]
A game-worn pair of Nike sneakers from Michael Jordan’s glory days sold for a record $560,000 (Sh59.4m) -- almost four times the initial estimate for the autographed shoes, Sotheby’s said.
Bidding for the “Air Jordan 1s,” custom-made for the Hall of Famer in sizes 13 and 13 1/2 in the Chicago Bulls colors, started more than a week ago in New York. The auction house earlier estimated they would fetch as much as $150,000.
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