....this is too bad (and not good for the running community). brooks is a
wounded animal & getting leveraged on. it's one less player that offered a
decent option/product to runners. it won't happen overnight but i don't see
russel maintaining brook's business model. in all their business spaces (i.e.
they own spaulding)...russel does not compete w/the high end of the sector.
this tail (brooks) will not wag the dog (russel). brooks totally missed
developing penetration in appearal whereas even saucony has done far far
better over the past 5-6 years. in the mid 90's brooks was a much bigger
company than saucony.....however today?...well last year saucony had more the
50% greater sales volume than brooks. sauc had $130M-$140M. in 1995 if
someone told you saucony would have 50% more gross annual sales than brooks in
less than 10 years...you would have been laughed. btw expect k-swiss or
someone else to buy saucony in '05.....
i got back into running in '99/'00 on a pair of the first version of the brooks
trance too, loved the shoe. just last week i bought a pair of brooks dyad 2
for my girlfriend (this is a shoe designed for flat feet/low arch runners).
i've not ran in brooks shoes for 4 years now.
russell makes decent [censored]...but it's not "great". 2-3 times a year i buy (by
the dozen) long sleeve russel cotton tops for $5 or so from campmor.com. I buy
their tanks, their shorts...etc...but it's all mid-level stuff, decent and
inexpensive. To my knowledge Russel does not make anything for the Mid-Upper or
Upper end of the athletic market (strategically).
Being a player in the shoe game today means not only keeping up w/the market
w/shoes but also apparel. There's more money in the apparel than the shoes
anyway. "Fabrics"....cool-max, etc...moisture wicking tops, shorts, jackets,
etc.
Is Brooks a gateway for Russel to get in that space immediately? No. Will
they finance attacking this space w/the Brooks brand?....who
knows...maybe....But I am not counting on it. It's not what they do.
Russell's model is serving the entry level market. For example...today you
don't see Brooks shoes in the #1 retailer of athletic shoe footwear.
Footlocker. Russell has deep distribution w/Footlocker and you can bet going
forward you will see those shelves w/Brooks shoes.
But i bet the product will be "watered down" and bracketed down...quality,
price, etc. In sum, I am saying I don't see Russell seeking to play "catch
up" to the high end of the runner's market. That will cost too much money.
I see Russell leveraging their in place alliances and shoving the brooks brand
through those channels...and "re-working the line" to fit in with their in
place and successful model.
but don't listen to me on any of this....i am simply musing off the top of my
head in realms and areas wherein i have little knowledge...