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(Local10 WPLG)   Nike decides to charge over $300 for a new pair of LeBron sneakers, because of "cotton prices." In other news, "cotton prices" is the new euphemism for "fark you, that's why"   (local10.com) divider line 220
    More: Stupid, LeBron James, cotton, couples  
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6122 clicks; posted to Main » on 21 Aug 2012 at 8:39 AM (1 year ago)   |  Favorite    |   share:  Share on Twitter share via Email Share on Facebook   more»



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2012-08-21 08:34:24 AM
They really shouldn't have actually stated a reason why the shoe cost so much or using materials as the reason. Cotton is sitting at 72.66 cents per ounce current Link. Lets assume it cost a pound of cotton to make one shoe through refinement, so 16 ounces. If that assumption is correct, which I think is high, it cost them maybe 11.62 per shoe in cotton. The fun aspect of that is Cotton is actually way down to where it was, over $1/oz last year and earlier this year.
 
2012-08-21 08:40:55 AM
And what the fark is the story with those goddamn shoe ads all over Facebook? Is this a Nike sponsored thing? Should call the damn thing Shoebook. Whoever is getting paid to post and auto-tag all those people should be whipped publicly.
 
2012-08-21 08:42:09 AM
Too bad there are no other shoes I could wear.
 
2012-08-21 08:42:47 AM
Black people problems?

/so sorry
 
2012-08-21 08:44:01 AM

mauricecano: They really shouldn't have actually stated a reason why the shoe cost so much or using materials as the reason. Cotton is sitting at 72.66 cents per ounce current Link. Lets assume it cost a pound of cotton to make one shoe through refinement, so 16 ounces. If that assumption is correct, which I think is high, it cost them maybe 11.62 per shoe in cotton. The fun aspect of that is Cotton is actually way down to where it was, over $1/oz last year and earlier this year.


This is great analysis. Personally, if I'm paying this much for a shoe it better be all high-tech fibers and leather. Cotton? Wtf? These aren't $20 Chuck Taylor's.
 
2012-08-21 08:44:58 AM
Here's a much better article. Jesus, subby, could you have possibly found a worse one?

The high price likely has more to do with the "motion sensing technology to tell players how high they jump" than it does with the farking price of cotton.
 
2012-08-21 08:45:44 AM

Silly Jesus: Here's a much better article. Jesus, subby, could you have possibly found a worse one?

The high price likely has more to do with the "motion sensing technology to tell players how high they jump" than it does with the farking price of cotton.


Farking christ....throwing away links. Google the shoe name and WSJ for a better article.
 
2012-08-21 08:47:59 AM
I don't like them as much as my PF Flyers....
 
2012-08-21 08:48:41 AM

mauricecano: They really shouldn't have actually stated a reason why the shoe cost so much or using materials as the reason. Cotton is sitting at 72.66 cents per ounce current Link. Lets assume it cost a pound of cotton to make one shoe through refinement, so 16 ounces. If that assumption is correct, which I think is high, it cost them maybe 11.62 per shoe in cotton. The fun aspect of that is Cotton is actually way down to where it was, over $1/oz last year and earlier this year.


Followed your link and it looks more like 72 cents a pound
 
2012-08-21 08:49:02 AM
Try reading the comments on that page... while some are realistic and jaded, others are just 'Mississippi Burning'-happy.
 
2012-08-21 08:49:27 AM
Lebron's shoes cost $300 because of high cotton prices.

i171.photobucket.com
 
2012-08-21 08:49:38 AM
"Cotton Prices"? . . . . . That's RACIST!

/Cotton Prices
 
2012-08-21 08:50:00 AM
Nike LeBron X: To Die For.
 
2012-08-21 08:53:37 AM
If I paid $300 for shoes I would have to eat them.

A friend turned me on to skater shoes several years ago (Adio brand, to be exact). I don't skate, but damn are they like walking on baby ducks.
 
2012-08-21 08:53:44 AM
counterkicks.com

Here are the sensors that go along with iPhone apps. They measure jumping height, among other things. I'll just assume that I can only jump 12 inches and save myself $300.
 
2012-08-21 08:54:08 AM
Nike will no doubt release these in all of the gang colors. Black and red, black and blue, black and gold, black and purple. Such a responsible company. But then again, they have made most of their money exploiting black people.
 
2012-08-21 08:54:34 AM
So Nike is going with an Apple pricing model...
 
2012-08-21 08:54:43 AM
cache.io9.com

/seen getting ready to deal with upcoming shootings....
 
2012-08-21 08:54:55 AM
I'm hoping they release a new shoe on election day
 
2012-08-21 08:55:03 AM

Holy crap! Read the comments!!

josetoyou • an hour ago • parent

The black man is keeping himself down in most cases.
There are two types of black people. There are the respectable folks who are, law abiding, educated, employed and who have legitimate children. This group is called Negros, but they seem to be few and far between. And then, there is the majority of black folks who suck of the welfare system for generations, breed illegitimate children like rabbits, participate in flash mobs, steal, rape, are gang members, own illegal weapons, fight to buy expensive things they can't afford, are very racist, and live in a dump.....these are the *iggers.
I don't have a problem with either word, because both are descriptive of character or lack thereof.
I am not a racist! There is a list of black people that I truly admire, and I supported Herman Cain.
 

The comments are seriously better than the story.
 
2012-08-21 08:56:47 AM

ZzeusS: whipped publicly


Uhmm..
 
2012-08-21 08:56:54 AM
"Cotton prices" is the new euphemism for "because we know someone will actually drop $300 for something they know is all mark up."
 
2012-08-21 08:57:59 AM
LeBron X?

Would look nice with one of those Malcolm 10 hats.

www.radvintage.com
 
2012-08-21 08:58:34 AM
I have a hard time believing this. The cost of cottons is an incremental cost in the production of sneakers. In this case, $300 is geometrically higher than similar, non branded sneakers. Now I have no doubt the part of the cost is materials and research to make a superior sneaker. The only other cost that would be significant is the Lebron name on the sneakers. That too, could be alleviated. Just pay Lebron less for picking the cotton.

/So sorry.
 
2012-08-21 08:58:52 AM
Throngs of anxious shoe enthusiasts queue up for the release of the new LeBron James Nike sneakers in this 2009 photo taken outside of a Foot Locker store.

i.imgur.com
 
2012-08-21 08:59:00 AM
But people just all outraged when a company just gets to the point
www.yourblackworld.net

We really need to bring back the light up sneaker. It's makes criminals much easier to track in the dark for cops.
 
2012-08-21 08:59:31 AM
These guys know something about high cotton.

Link
 
2012-08-21 09:01:59 AM
Because LeBron is living high and you're still pickin' cotton.
 
2012-08-21 09:02:17 AM

MightyPez: If I paid $300 for shoes I would have to eat them.

A friend turned me on to skater shoes several years ago (Adio brand, to be exact). I don't skate, but damn are they like walking on baby ducks.


loud and crap on you when you step on them?
 
2012-08-21 09:02:35 AM
Between the price of airtravel, the cost vs. the quality of movies, some of the clothes I wear; I think sometimes this is a truly post-materialistic world in which the price of something has nothing to do with its cost anymore.
 
2012-08-21 09:02:50 AM

Buttle not Tuttle: "Cotton prices" is the new euphemism for "because we know someone will actually drop $300 for something they know is all mark up."


And start a riot at the shoe store requiring the police to be present. All for expensive 'cotton'
 
2012-08-21 09:04:46 AM

Skraeling: MightyPez: If I paid $300 for shoes I would have to eat them.

A friend turned me on to skater shoes several years ago (Adio brand, to be exact). I don't skate, but damn are they like walking on baby ducks.

loud and crap on you when you step on them?


Can we try this again in english?
 
2012-08-21 09:05:17 AM
I was installing a paging system in a upscale home decor store in Hampton Roads, VA.
Black guy who was working with me see this:
www.guildgalleries.com
And asks "What does fresh picked cotton smell like?" So I said "Tears and leather whips" I got some strange looks from the upper-middle class white folk who were nearby.

/CSB
 
2012-08-21 09:05:27 AM
In other news, "euphamism" is the new way to spell "euphemism"

/that squiggly red line shows up for a reason, failmitter
 
2012-08-21 09:06:17 AM

Coming on a Bicycle: Between the price of airtravel, the cost vs. the quality of movies, some of the clothes I wear; I think sometimes this is a truly post-materialistic world in which the price of something has nothing to do with its cost anymore.


Don't look into the pharmaceutical industry. They pay pennies per ton for their raw ingredients. Then sell the resulting combinations of cheap ingredients for dollars per microgram. Probably the single most profitable business ever invented, besides banking (but that doesn't count because they get to literally create their product from thin air).
 
2012-08-21 09:06:18 AM
As for anyone who would even consider such lunacy - P.T. Barnum was right!
(Who is this Lebron cat anyway??)
 
2012-08-21 09:07:04 AM
mauricecano:They really shouldn't have actually stated a reason why the shoe cost so much or using materials as the reason. Cotton is sitting at 72.66 cents per ounce current Link. Lets assume it cost a pound of cotton to make one shoe through refinement, so 16 ounces. If that assumption is correct, which I think is high, it cost them maybe 11.62 per shoe in cotton. The fun aspect of that is Cotton is actually way down to where it was, over $1/oz last year and earlier this year.


Math yo? You be flabbergastin me.
 
2012-08-21 09:08:43 AM
High cotton prices, eh? Are ya sure it doesn't have anything to do with the Eleventy Brazillion dollars you paid to LeBron in licensing fees?

\if I buy $315 sneakers, LeBron himself better have picked that cotton
 
2012-08-21 09:10:44 AM
Try again, Nike. Cotton prices are down 42% for the year.
 
2012-08-21 09:11:02 AM
Yes because it would be stupid to pay $315 for a pair of shoes when you can spend $1485.

media.alexandermcqueen.com
 
2012-08-21 09:11:56 AM
What is really depressing is seeing adults wearing these. I'm not talking about 20 or 30 year old adults, but "men" in their 40s or 50s wearing bright colored expensive kids shoes, a shoe-brand T-shirt, and a baseball cap...to work. WTF is that? Do they get together and play jacks after work? Maybe some hop scotch and then ride their BMX bikes over to the park?
 
2012-08-21 09:12:09 AM

Silly Jesus: [counterkicks.com image 600x428]

Here are the sensors that go along with iPhone apps. They measure jumping height, among other things. I'll just assume that I can only jump 12 inches and save myself $300.


that's pretty neat but I'd say the real reason the shoe is that much is because of the fact that everytime these kind of new shoes go on sale people buy them up and resell them for more money, proving the market can bear a higher cost for the shoe.
 
2012-08-21 09:14:42 AM
Bah! Here I'm making stuff with stainless steel sheets and tubing and have to add the alloy price, which changes every month, when I'm quoting.
 
2012-08-21 09:15:01 AM
Nikes are garbage. I'm wearing my fourth pair in the last 25 years and not one of them lasted more than three months. Damn soles peeled back on every one of them. Even though I got a deal and bought these against my better judgement...I shouldv'e spent the extra 15 bucks and got something decent.
 
2012-08-21 09:15:07 AM
Did they honestly say that?

If the shoe was nothing BUT cotton, the price of the material would be, at most, $1.50
 
2012-08-21 09:15:07 AM
Is there any good reason they shouldn't charge that much for the shoes?

/Hint - there isn't. Fools and their money.
//Just like iProduct users.
 
2012-08-21 09:15:24 AM

justinguarini4ever: Nike will no doubt release these in all of the gang colors. Black and red, black and blue, black and gold, black and purple. Such a responsible company. But then again, they have made most of their money exploiting black people.


China would like a word.
 
2012-08-21 09:17:00 AM
growlersoftware.com
 
2012-08-21 09:17:35 AM

Big_Fat_Liar: What is really depressing is seeing adults wearing these. I'm not talking about 20 or 30 year old adults, but "men" in their 40s or 50s wearing bright colored expensive kids shoes, a shoe-brand T-shirt, and a baseball cap...to work. WTF is that? Do they get together and play jacks after work? Maybe some hop scotch and then ride their BMX bikes over to the park?


All the while saying in their heads, "I'M STILL YOUNG! I'M STILL RELEVANT! ADVERTISERS AND WOMEN STILL WANT ME! REALLY!!! 50 IS THE NEW 25!!!"
 
2012-08-21 09:18:23 AM

Nina Haagen Dazs: Nikes are garbage. I'm wearing my fourth pair in the last 25 years and not one of them lasted more than three months. Damn soles peeled back on every one of them. Even though I got a deal and bought these against my better judgement...I shouldv'e spent the extra 15 bucks and got something decent.


I've been buying New Balance for a few years now. Seem to work pretty well.
 
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