The Life and Culture of Kicks

Posts tagged “business

Are These Fakes? All Sorts Of Colorways For The AJ Fusion V’s

As far as I know, there are only a few official colors for the Fusiion V and these shots above are not one of them. And I really don’t think brand new Jordan Fusions V’s would cost 59.99 (hey, what happened to the well over used 79.99? lol) but nevertheless the question is Are These Fakes?

I actually don’t know if Jordan will come out with this colorway for the ladies and for grade school… but selling these Fusions for 54.99 makes me think this 150 dollar shoe is actually fake. I am not good at picking out fakes. I look for simple things like tags, numbers and quality. But I guess even that can be faked too but most fakers don’t even bother to do that stuff.

So anyway the question is Are These Fakes? (as if you don’t already know).


In Sneaker News: Phil Knight Getting His Retirement Ready – Sells His Nike Stock

I read this in Newsday (a NYC newspaper) and on the Huffington Post. I’m not mad at this. The guy is like in his 90’s or something lol so why not start taking out his money so he can do his thing? I know people are gonna get mad that he is taking his stock out of his company. “Doesn’t he believe in his company anymore?” I can see someone saying or maybe “He’s just etting rich like all those other CEO’s”.

What I say is what exactly would you do? You start a company, you spend 60-70 hour weeks, end up in debt to investors and lay most of the money you have on the line endorsing your first athlete (you know him… Micheal Jordan), so I think after retiring almost 3 years ago, he can take his money out and start investing other things AND put his money in the bank.

The 70-year-old Nike founder has done hundreds of separate stock sales since mid-April, collecting $1.05 billion – well ahead of his $780 million cash-out of shares in 2007. That’s the year he placed 14th in Vanity Fair’s ranking of windfalls made by the rich from selling stock or family empires.

At Knight’s current pace of selling his shares, the one-time track star at the University of Oregon is likely to pass reigning cash-out king Bill Gates, who topped Vanity Fair’s windfall rankings last year at $2.8 billion in stock sales.

Source: Huffinton Post and the AP

Now that is a good look. Makes you think to yourself how can I make the millions?


In Sneaker News: Babylon collecting sneakers for Nike to recycle

It looks like the town of Babylon has decided to do something for Earth Day many day ago. Hey I don’t think its to late to blog about something like this.

As part of the Earth Day celebration, the town of Babylon employees (all the employees of the town??? are we talking about city workers or everyone who works there?) have collected what would have just gone to the trash and taken it to the Refuse A Shoe program. I never heard of this program so I am glad to have found out about it. Anyway they took the shoes to an area Nike store and Nike will turn it into what they call Nike Grind.

Here is a quote from the Newsday.com story:

As part of this year’s Earth Day celebration, town employees are collecting old sneakers that otherwise would go into landfills for donation to Nike‘s Reuse-A-Shoe program, which uses the recycled material in different parts of sport surfaces in communities across the United States and around the world.

Babylon will deliver the donated sneakers to Nike’s store in Bellport, which will ship them to the company’s processing plant in Beaverton, Ore. That’s where the shoes are ground up into a material called Nike Grind.

According to Nike’s Web site, most of their synthetic surfaces include 10-to-20 percent recycled material – rubber from the outsole, foam from the midsole and fabric from the upper.Source: Newsday.com

This is good news for everyone. I am glad that companies are at least trying to do something about what is happening to our environment. Whether you believe in global warming or not, the bottom line is that we can NOT continue to treat our environment the way we do and thing NOTHING WILL HAPPEN. That, my felly sneakers and shoe fans, is just plain ignorant.

PEACE


In Sneaker News: Is Apparel Doomed? Whats Goning On? And Why Did Mariah Marry Nick Cannon? LOL

With the economy going down… and then up… and then a little up… and then down again, people don’t have as much money to buy those sneakers, shoes, 22’s, suits shirts and pants. Apparel easily becomes the bastard child when it comes to peoples wallets. I mean, come on; if food prices go up, you still got to each and if gas goes up you still got to go to work and have hot water. So while this may be the Year of the Jordan, maybe, just maybe businesses in the world of clothes and footwear might take a hit.

After reading this article here on how apparel business might have a hard time this year, it looks like analysts are counting out businesses in retail and clothing due to all the reasons mentioned above and then some.

Say Good Bye to the 30 and 45 dollar t-shirt?

As you may or may not know last year was the year of color when it came to sneakers and in order to match, all you really had to do was get a t-shirt. In NYC the hottest t-shirt of 07 was the I Love NY t-shirt. You could get any color even though officially there are only 3 (black, white and pink off the official NYC Visitors site). You also still had the left over Brooklyn t-shirts from 06 still around as well in assorted colors. The question I have is what will happen this year? What will happen to the smaller cothing companies and niche brands? If Mariah married Nick Cannon, owner of PNB, will she be in the poor house? What happens to ALIFE, Todd Smith, Creative Recreation and other clothing and footwear lines?

When will it get better? Maybe after taxes come in for 2009. I do think though, that niche brands might not be in too much trouble cause of brand loyalty and he people they focus on has more discretionary money, but who knows. PNB Nation used to be a brand you could get everywhere, but now it is a highly focused clothing brand. Maybe all brands should think about that.

But it looks like Linens ‘n Things won’t make it that far.

For those getting that 300, 600 and 1200 dollar stimulus package rebates, there are PLENTY of businesses setting up to GET AT THAT PAPER offering 300, 600 and 1200 dollar gift certificates… WOWWOW.


On Shape + Color: adidas grün “guerilla gardeners”

(from sneakerfreaker and Shape + Color)

What a cool find. While just browsing the WordPress blogs, I bumped into this blog that is into advertising, art and media (which is funny cause I do have a little fetish for that stuff too) and they mentioned this new thing adidas is doing called grün. Grün is green in German. The adidas grün is supposed to be the environmentally safe sneaker.

Sort of what Nike is doing…

Here is a quote snatched from Shape + Color:

Finally, everything in the “Recycled” line is exactly what it says – shoes and apparel made from 100% recycled plastic soda bottles, rubber, and others materials that otherwise would have sat in a landfill for eternity.

(Source)

So basically, somewhat like the Air Jordan 23 “Considered”, here we have a sneaker that is totally recycled and I will assume biodegradable (or at least some parts are easily re-recycled).

Being that Shape + Color is a blog about advertising, art and media, they also show just how adidas markets the sneaker line. The images of one of their adverts (of which is actually the main story which is the guerilla gardeners) can be seen on Shape + Color.

Very interesting… I am going to have to look into this more and see what Nike does, as well as adidas and other sneaker (and shoe) brands.