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Old 08-29-2011, 08:49 AM   #1
allenv5w8
 
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Default The development of K Swiss shoes

The development of k swiss girls shoes,balance hiking new shoes hit bg
In January 1987,new balance 574 shoe, Steven Nichols ex president of Stride Rite Corporation,new balance 1400, having raised more than $116 million,new balance toning shoes,bought K Swiss from the Brunner brothers for a mere $20 million. Nichols,new balance trainer, in keeping with the shoes' elite status,New Balance 577 White Black Grey, as the price of a pair of k swiss girls shoes were much higher than any of it's contemporaries,new balance 580 roller bar, chose to run his ads in athletic magazines, billboards and radio for selected cities. He expanded on this exclusivity-strategy by closing all the accounts in Japan, with the exception of certain high-end stores. By the end of 1989 the company recorded sales in excess of $60 million for the US market, by 1990 the selling price for a pair of k swiss girls shoes, in Japan was equivalant to USD100,cheap new balance shoes, establishing it as a "luxury" item.
Nichols, opened a 251,000 square foot distribution center in 1991,new balance 576 reviews, he in the same year also formed a partnership with C & J Clarks to distribute k swiss girls shoes to seleted department store in Europe and the UK.
k swiss girls shoes was granted the patent to both the Cushion Board sole construction and the D-R Cinch lacing system, in February 1992. The "Belais" and the "Belais-LT" was introduced in 1993 and the company expanded into the basketball as well as the aerobics apparel markets. Moving from the indoor arena tp hiking and casual wear,discount mens new balance athletic walking shoes,K-Swiss introduced twelve new k swiss girls shoes in 1994,joe s new balance shoes, and expanded their magazine-advertisment platform to include Backpacker and Outside.
The company's first television advertisment, targeting a much broader market segment than previously began in 1996,New Balance 769 Black Blue Pink,resulting in sales of $116 million and stock trading at $28 per share by 1997. Although k swiss girls shoes opened account with stores like Nordstrom,reebok vs new balance walking shoes, Footlocker,new balance discount, Footaction and Dillards, the company still maintained its policy of not flooding the market.
In a 1999 interview with Sporting Goods Business, Nichols stated, ‘Many of our shoes we introduce for a very short period of time and then at some future date we reintroduce it and we reintroduce it on allocation to make sure that nobody buys k swiss girls shoes too many. … When a retailer sells out virtually to the last pair,New Balance 576 20th Anniversary Limited Edition, that's when we're the happiest.'
The $17-million ad campaing, called "Club K-Swiss" launched in 1998 resulted in sales of $162 million for that year. K-Swiss continued to expand worldwide
with sales in excess of $500 million by 2005.
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