Bill Cosby would be proud
I applauded Bill Cosby when he toured the country commenting on the state of Black America. I know he got alot of flack about it but I agreed with alot of what he had to say. One of the comments he made was directed at low-income family priorities; how they can pay $150 on sneakers but are not willing to pay for $15 for hooked on phonics (that was pretty low Bill). Anyways, the other day I read an article that Stephon Marbury had started an athletic shoe line that will cost consumers $15 a pair. Can this be true? What kind of an affect will this have on the major shoe manufacturers? The following comment was taken from the CNN article:
Should Nike be worried? Both Nike and Adidas say the Starburys haven't
cut into sales, so the big boys have no plans for cheap sneaks. These companies
insist their $100-plus kicks offer extra features that help a player's
performance. "It would be tough for us to go to that price point because
consumers expect so much from our product," says Travis Gonzalez, an
Adidas basketball spokesman.
I scoffed at this comment at first but as a "self-proclaimed recreational athlete" I had to agree that most of the time I only wear Nike's because I've learned to appreciate the support I get from them on the court and the field. We've witnessed the price of athletic footwear skyrocket since the Jordan era but a lot of the times, they're not even being purchased to play sports but to be 'sported'. I like what Stephon and other famous athletes are doing here. I think it's socially responsible. I haven't seen how they looked but I hope they're appealing and resilient enough to be around for years to come.
Read the rest of the article here:
"Sneaker Cents"