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makeover. It swoosh-ified the hockey-equipment maker Bauer,
for example, and boasted about Nike Air technology in its Cole
Haan shoe subsidiary. Many feared the same would happen when
Nike bought Converse, maker of the iconic Chuck Taylor
All-Stars, a year ago. After all, the two companies seemed
polar opposites. Nike made pricey, high-tech sneakers like
$165 Air Jordans; Converse was known for cheap, low-tech
sneakers that have been the unofficial gear of the
anti-establishment for years (Kurt Cobain was wearing Cons
when he committed suicide in 1994). The Wall Street Journal
sounded an ominous note when the deal broke in July 2003: "The
Swoosh is swallowing Chuck Taylor."
Surprise, surprise. With Converse, Nike seems to have flipped
its own slogan on its head. Meddle? Just don’t do it. And the
strategy appears to have paid off. Converse still has its
retro-rebellious buzz, and its shoes are hot. Check the feet
of Avril Lavigne, Blink 182, Kid Rock and the Strokes-they’re
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