Wednesday, July 9, 2008

Steve & Barry's to File for Chapter 11

Steve
& Barry's to File for Chapter 11 - WSJ.com

Well damn, that is unfortunate, I sure am glad now that we made it over there on Sunday to pick up some pants when we had the chance. I am good on the shoes, I have 2 pairs of Starbury's. It was the pants that I was most concerned about.
The big sub plot for this now is if another retailer picks up the Starbury's line.
It also has been in last-minute discussions with Sears Holdings Corp., about a
bailout or partial sale, say people familiar with the matter.

That might signal the saving of the brand, who knows. They are good shoes, and the idea of selling good shoes for a reasonable price is not only good marketing but socially responsible. I understand the market can somehow handle $300 Air Jordan's but in my opinion that is irresponsible when the shoes are such a status symbl that people get robbed or even shot over them.

On another Sports related point, here is an intriguing article which does a good job of pointing out how factors such as race, and how professional leagues are treated differently. I have always felt that the media has an odd reverence to how it treats baseball. Which was starting to fall with the whole steroids issue, but I guess that isn't really the case. The NBA, in part because it's players are the most visible has always caught the short end of the stick when it comes to public condemnation etc. And baseball seems to get the best treatment of the major Big 3 sports. I guess there is something to say for tradition.


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