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jmowreader

(53,213 posts)

49. They're leather, so maybe $20.

Sat Dec 24, 2011, 02:28 PM

Dec 2011

Add to that the $10 they probably pay Michael Jordan to use his name, $5 for transport to the store and $5 for advertising expenses.

That leaves $140. The store probably pays $150 per pair, so the company is left with $110 profit.

You know what's gonna be in the Beaverton, Ore., newspaper on January 5, right? "Nike has laid off 10 percent of its U.S.-based workforce. Although Nike posted record profits in the quarter that ended Dec. 31, company officers said 'lackluster' profit margins and sales that did not meet expectations led to labor reductions. In other news, the six Nike executives who served on the so-called 'workforce realignment commission' who chose the employees that would be terminated received $100,000 bonuses for the difficult task of throwing all those people out in the street."

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Highlight:

Police pepper-spray shoppers as Nike shoe release prompts nationwide mall chaos [View all] IDemo Dec 2011 OP

Weren't some people agitating for the Occupy people to pay for police overtime and such? gratuitous Dec 2011 #1

There should be an "Eau de Pepper Spray" fragrance. CJCRANE Dec 2011 #2

True story Marrah_G Dec 2011 #13

perhaps a cop's spouse, or girl-friend, as well - was she? marasinghe Dec 2011 #33

LOL nope :) Marrah_G Dec 2011 #42

genius; props. (n/t) marasinghe Dec 2011 #34

I am SO over these out of control Police Milita...that are paid for with the tax dollars of the 99%! SoapBox Dec 2011 #3

This is why I order things off the internet. Quartermass Dec 2011 #4

Just had a mental image of the Fed Ex guy showing up with your package dixiegrrrrl Dec 2011 #26

Great job adding to the demise of your local tax base. Xtraneous Dec 2011 #46

There are other ways to contribute to your local tax base. BeHereNow Dec 2011 #55

So tell me what "other ways" there are. Xtraneous Dec 2011 #65

I just did. BeHereNow Dec 2011 #67

Me too- or check the local goodwill store and thrift shops. BeHereNow Dec 2011 #54

Just another one of the symptoms from corporate consumer brainwashing. Uncle Joe Dec 2011 #5

No.... -..__... Dec 2011 #15

I don't exonerate shopping rioters for their behavior but I'm convinced Uncle Joe Dec 2011 #16

The ones with the patent leather? EEEEEWWWW! rocktivity Dec 2011 #6

They are not overstocked. Just the opposite. former9thward Dec 2011 #10

Now I get it: They're meant to be collector's items rocktivity Dec 2011 #11

As a matter of fact: dixiegrrrrl Dec 2011 #27

YES! Can you believe it? Collector items? SURREAL...MilesColtrane posted a link to a site BeHereNow Dec 2011 #52

But these will improve your success on the basketball court IDemo Dec 2011 #31

Not at all... jmowreader Dec 2011 #36

My thoughts, too... IthinkThereforeIAM Dec 2011 #44

Indeed- they are the silliest shoes I've ever seen- BeHereNow Dec 2011 #53

Look like the Penguins spats. Historic NY Dec 2011 #32

plenty of stupid all around for this one 0rganism Dec 2011 #7

I gotta agree with that. RebelOne Dec 2011 #9

'Tis the Season to be Jolly mahatmakanejeeves Dec 2011 #8

Jolly Roger nt Xipe Totec Dec 2011 #14

I am stunned that so many people can afford sneakers that cost 180 bucks Marrah_G Dec 2011 #12

Any better reason to tax the wealthy? Naw, dotymed Dec 2011 #24

I'm not in that crowd! nt MADem Dec 2011 #29

Keep shopping Tanelorn Dec 2011 #17

Damn I'm glad I have different priorities in life than sneakers for $180 and funding RKP5637 Dec 2011 #18

Im with you, I just got i_sometimes Dec 2011 #19

Sure sounds good to me! RKP5637 Dec 2011 #20

Ooh, what breed? knitter4democracy Dec 2011 #22

Shetlands... i_sometimes Dec 2011 #45

Good choice! knitter4democracy Dec 2011 #51

Ya know... i_sometimes Dec 2011 #56

Sounds like a double coat--colors? knitter4democracy Dec 2011 #60

I have to post pictures i_sometimes Dec 2011 #61

Merry Christmas! They sound lovely! knitter4democracy Dec 2011 #62

Damn good price for two sheep, much better than a pair of Nike shoes. sarcasmo Dec 2011 #25

After watching the news reporst about this, I'm on teh cops' side obamanut2012 Dec 2011 #21

So am I. In a Ga. Mall emilyg Dec 2011 #41

I really don't understand it obamanut2012 Dec 2011 #43

Awesome priorities. octothorpe Dec 2011 #57

Unusual to see consumers suffering almost as much raouldukelives Dec 2011 #23

I saw footage of a crowd trampling a small child to get those uglyass shoes. MADem Dec 2011 #28

I'll be honest... Corruption Winz Dec 2011 #30

Good, I've got company! n/t PavePusher Dec 2011 #63

Am I the only one not able to grasp 1995 as 'retro'? Suddenly I feel very very old (no!) . . . nt edgineered Dec 2011 #35

I don't know about you... jmowreader Dec 2011 #37

Anyone like to guess at the actual cost to make those shoes? WHEN CRABS ROAR Dec 2011 #38

Can't be more than about $2.50-3.00. (Not including CEO compensation.) TahitiNut Dec 2011 #48

That was my guess too. WHEN CRABS ROAR Dec 2011 #58

They're leather, so maybe $20. jmowreader Dec 2011 #49

Being rewarded for saving all that company money, so sad. WHEN CRABS ROAR Dec 2011 #59

The Fundamentalist Shopper marias23 Dec 2011 #39

I first learned about this from Nicole Sandler (subbing for Randi Rhodes) who sounded oppositional alp227 Dec 2011 #40

OMG my life is incomplete without those shoes!!! Quantess Dec 2011 #47

Has everyone gone insane? potone Dec 2011 #50

Heinlein wrote about "The Crazy Years"... PavePusher Dec 2011 #64

Imagine if people went that ape shit to shelter the homeless or to demand health care for all... and-justice-for-all Dec 2011 #66