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 Post subject: A little OT: Nike buying Converse
PostPosted: Wed Jul 09, 2003 2:56 pm 
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Drum Major
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Heh, those old VK shoes have a little historical value.


http://www.usatoday.com/money/industries/retail/2003-07-09-nike-converse_x.htm



What's next? Converse-looking shoes with the Nike Swoosh on the side? Ain't the same, man. Sad.


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PostPosted: Thu Jul 10, 2003 4:09 pm 
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New Recruit
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Quote:
The deal gives Nike a "downstairs brand that they can sell in mass merchandise stores like Wal-Mart," says Terry Lefton, editor-at-large of Sports Business Daily. Analysts also say Nike is looking to cash in on the demand for "retro" shoes.

Now that's sad.....Converse gone Wal-Mart.... :(

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