The prices of Manny Pacquiao’s boxing gear and other items have risen 10 times ahead of the May 2 fight against Floyd Mayweather. Reports say that retailers in Manila and other cities in Philippines are having hard times coping with the demands for these items.
Items such as T-Shirts, Jackets, Figurines, boxing gloves and cap have become scarce and hard to find. Retailers are saying that the prices will even go higher if Pacquiao wins the fight.
Many of the purchases are speculative as buyers are expecting that the prices of the items might go over the roof once Pacquiao wins the fight. A retailer said that Pacquiao’s autograph boxing gloves are the most sought after items.
The store owned by Pacquiao called ‘The team Pacquiao store’ has seen sales tripled in a manner not experienced in previous fight.
“IPOB is being sponsored by those I will call the Coalition of the politically disgruntled and the treasury looters. They believe that by sponsoring this group to destabilize the country and trigger chaos, they will realize their ambition of escaping justice and then be free to dip their hands into the nation’s treasury again.”
-Lai Mohammed(Nigeria’s Information Minister on IPOB)
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