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Old 10-30-2012, 09:57 PM   #1 (permalink)
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Citing the rising costs of labor in China, of materials like cotton and of shipping, Nike is reportedly going to raise prices on its

sneakers by between 5 percent and 10 percent this fall, according to the Wall Street Journal’s Shelly Banjo. The across-the-board

increase will result in a $5 bump on low-end kicks like Cheap Louis Vuitton Tie Online the Converse Chuck Taylor All-Stars and a somewhat steeper price tag on the

Oregon apparel giant’s higher-end items, including the forthcoming LeBron X, the 10th edition of LeBron James’ signature sneaker.

James unveiled the LeBron X - which are “inspired, both aesthetically and metaphorically, by the diamond, a precious and nearly

indestructible gemstone,” according to NikeBlog - during Team USA’s gold-medal win over Spain at the 2012 Summer Olympics in

London. The hotly anticipated signature jordan 2012 Men Shoes will hit the market this fall in two models: the standard version, which will retail at

$180 a pair, and the LeBron X Nike Plus, which will include the company’s Nike+ technology, built around embedded pressure/motion

sensors that track and store data on stuff like how much/how far/how fast a player moves during a game or workout, or how high he/she

jumped on a dunk.

The model’s going to run you $315, making it the most expensive pair of sneakers Nike’s ever brought to market, according to Banjo.

And while the sneakerhead community’s known what the LeBron X will cost for nearly a month now five months now, the WSJ report

brought the news to the world at large, sparking notices in financial notes columns and business-specific news sites, and even on

National Public Radio. The general tenor of such outsider discussion Hot Sale Timberland Kids Boots of the price point - which, again, is the going rate just for

the high-tech, Nike+-infused model, andnot the regular shoes, which will cost $180, or $10 more than last year’s LeBron 9 - has been

characterized by surprise and, in some places, dismay.
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