A little OT: Nike buying Converse

Wildabeast · Post by **Wildabeast** » Wed Jul 09, 2003 3:56 pm

Heh, those old VK shoes have a little historical value.

http://www.usatoday.com/money/industrie ... erse_x.htm

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

Indiana · Post by **Indiana** » Thu Jul 10, 2003 5:09 pm

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....