Seeking Alpha

Nike (NKE) takes some heat from the National Urban League over the high-flying prices for the...

Nike (NKE) takes some heat from the National Urban League over the high-flying prices for the company's new Lebron X basketball shoes. The civil rights group says it usually doesn't take a stand on a consumer products, but notes it was flooded with calls over marketing +$300 shoes to kids and teenagers in the heat of the back-to-school shopping season.
Comments (4)
  • Tony Petroski
    , contributor
    Comments (6373) | Send Message
     
    In the olden days the remedy would be: (New Nike Slogan) "Just Don't Do It!"

     

    Now, in the post-post modern new-new normal we'll have calls for "shoe stamps" so our downtrodden won't suffer from "shoe envy." We'll have calls to hire "Shoe Grievance Counselors" in the middle schools and Joe Biden will remind us that "only the one percent go to sleep at night knowing their feet will be slipping into those shoes the next day."

     

    Is this really a "civil-rights matter?" Isn't this a backhand compliment and acknowledgement that the "civil-rights" establishment doesn't have enough to do?
    22 Aug 2012, 08:21 AM Reply Like
  • marilyn61
    , contributor
    Comments (173) | Send Message
     
    Many years ago when I was at school in the UK, there was a school uniform, socks and shoes that we all had to wear. There was no problem with another child whose parents had more money buying something nicer for their child, because we all wore the same. In fact I can remember feeling very proud of my school uniform and my lace up shoes. Well I know times have changed but what's wrong with a standardized trainer for schools.
    22 Aug 2012, 09:01 AM Reply Like
  • Day Trader001
    , contributor
    Comments (675) | Send Message
     
    So it is ok to spend $150 on “shoes” but not $300.
    What’s wrong with that picture…The “Urban League” that’s what!!!!!

     

    Go to Wal-Mart if you do not like it, “You are free to make a Choice” make it!
    22 Aug 2012, 09:19 AM Reply Like
  • emburns
    , contributor
    Comments (218) | Send Message
     
    Why doesn't Goldman Sachs complain to Edward Green?

     

    I went almost went bankrupt buying my last pair.
    22 Aug 2012, 06:54 PM Reply Like
DJIA (DIA) S&P 500 (SPY)
ETF Tools
Find the right ETFs for your portfolio:
Seeking Alpha's new ETF Hub
ETF Investment Guide:
Table of Contents | One Page Summary
Read about different ETF Asset Classes:
ETF Selector

Next headline on your portfolio:

|