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.