aka longstroke
Banned
- 451
- 10
- Joined
- Dec 1, 2011
http://online.wsj.com/article/SB10001424052970203899504577127042184523410.html
[h1]Nike's Footwork Yields Long Lines[/h1]
[h3]By DANA MATTIOLI[/h3]
Apple Inc. isn't the only company whose products are commanding a premium in a holiday season otherwise marked by steep discounts.
Nike Inc.'s Jordan line of sneakers is drawing iPhone-like lines of buyers despite iPhone-like prices.
The phenomenon underscores the strength of a brand that brings the company about $1 billion a year in sales. But it also reflects a strategic choice by Nike and its major retail outlets like Foot Locker Inc.: keep supplies of hot models limited and time releases for when target customers are in the best position to buy.
[h1]Nike's Footwork Yields Long Lines[/h1]
[h3]By DANA MATTIOLI[/h3]
Apple Inc. isn't the only company whose products are commanding a premium in a holiday season otherwise marked by steep discounts.
Nike Inc.'s Jordan line of sneakers is drawing iPhone-like lines of buyers despite iPhone-like prices.
The phenomenon underscores the strength of a brand that brings the company about $1 billion a year in sales. But it also reflects a strategic choice by Nike and its major retail outlets like Foot Locker Inc.: keep supplies of hot models limited and time releases for when target customers are in the best position to buy.