Slate Money: How Nike Shoes Got Lame

Slate Daily Feed

This week: the tragic tale of Nike, Foot Locker, and Bed Bath and Beyond. Bloomberg’s Kim Bhasin joins Felix Salmon, Emily Peck, and Elizabeth Spiers to discuss his recent piece on the downfall of the Nike brand and the peril of direct-to-consumer marketing. Then, they discuss Kim’s other feature on Jamie Salter, the man who made a fortune buying up mall “zombie brands” like Izod and Brook’s Brothers. Finally: The DOJ is suing Visa for monopolistic practices, but will it mean anything or ordinary consumers?

In the Plus bonus mini-episode: Three Mile Island is back, baby! The hosts discuss Mincrosoft’s power purchase agreement that involves switching on the defunct nuclear plant and Americans’ troubled relationship with nuclear in general.

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Podcast production by Jared Downing and Cheyna Roth.

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