- Dec 20, 2008
- 3,415
- 63
Time to go cop older kicks.
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Originally Posted by CharmCityKid
every major corp in america is doing the same thing.when %$!! really hiuts the fan tho, nikes will be one of the easier things to forget about.
Originally Posted by 160jordansdeep
But Nike's been on this "inflation before INFLATION" raising of prices for years now. And when it finally gets announced as them needing to do it, it should come as a surprise. I mentioned in an earlier post, Look at the past 5 years. They've gone up in price over the past five years like crazy. Do other companies do that?Originally Posted by jmadidas2001
Welcome to the real world...Niketalk...
I know that most of you live in Internet fantasyland...but, really...you are mad about this?
The cost of everything is going up globally...raw materials, specifically cotton and leather as well as the fuel that it takes to transport finished goods (among other things) continues to rise...
Why is any of this a surprise to anyone?
Nike isn't the only one that is raising prices...everything from athletic footwear and apparel to food will be going up...you haven't been paying attention if you think otherwise...
SMH
JM
^^^^THISOriginally Posted by AIR J XIII
when you've got kids ready to give you their all over their money that will bend over and accept whatever you give them, why not take advantage.
Let's keep it real, this is nothing new. The BS start at JB the second half of 2003, and little by little they've been cutting quality and rasing prices, seeing how far they can go.
As long as all of these so called "sneakerheads" keep taking it and coming up with reasons to justify what Nike is doing, IT WILL CONTINUE.
Certainly not true...raw materials have been going up for years...again, specifically leather and cotton...and, BTW...switching to man-made materials for shoes and clothes won't solve the problem either because the prices of those products are going up as well as the demand increases because of people switching away from cotton and leather to save costs...the price of oil is going to effect everything from polyester to transportation costs to get said product to the consumer...Originally Posted by WallyHopp
But Nike's been on this "inflation before INFLATION" raising of prices for years now. And when it finally gets announced as them needing to do it, it should come as a surprise. I mentioned in an earlier post, Look at the past 5 years. They've gone up in price over the past five years like crazy. Do other companies do that?Originally Posted by jmadidas2001
Welcome to the real world...Niketalk...
I know that most of you live in Internet fantasyland...but, really...you are mad about this?
The cost of everything is going up globally...raw materials, specifically cotton and leather as well as the fuel that it takes to transport finished goods (among other things) continues to rise...
Why is any of this a surprise to anyone?
Nike isn't the only one that is raising prices...everything from athletic footwear and apparel to food will be going up...you haven't been paying attention if you think otherwise...
SMH
JM
Imagine Mcdonalds for a moment. Value meal in 2004 was $5. In 2006, just 25 cents more. Now it's maybe at $ 6.25.
If Nike was Mcdonalds, they wouldve had a 2006 price of $5.50. Now it would probably be $7... A whole 75 cents more than it really needs to be.. But guess what, they'll be raising their prices some more.
Of course it's economics and all that jazz. Looking deeper, they went past that 2011 inflation mark in 2009. Now two years later, they want sympathy for doing what others are doing as well?
Originally Posted by dubchester
To me, this is a lame excuse to jump on the economic-crisis bandwagon. Notice the article references rising costs of "cotton, oil and transportation" for the major reasons to raise their prices. Anyone who has worked in finance or has ever owned their own company knows that labor (aka workers) are the #1 expense to a company's PNL. How come they don't cite rising labor costs as the reason for raising prices? That's because they have no intention of paying those poor taiwanese and chinese workers another cent more than they are already. They already get slave-like pay, but I guess the Jordan's/Nike's we'll be paying more for going forward will never make it to these poor folks...ever. SMH!!
Originally Posted by phreshdude
i dont really care if nike raise their prices. I scam footlockers and eastbay to get free shoes any ways! so im good.....