Some sneaker news that is actually interesting:

ADIDAS TO LAUNCH 1 EURO SHOE
German sports brand Adidas is planning to make “one-euro shoes” to offer to people who can’t afford to buy shoes, with pilot production to begin next year in Bangladesh.
The project has been inspired by Nobel Peace Prize winner Huhammad Yunus, who suggested the social business project to the company.
Yunus is the pioneer of micro-loans, which help the poor start their own businesses. Adidas said that the €1 price tag (equivalent to 89p) was more of a concept and that the final price of the shoes might be slightly higher.
The sports brand has agreed to make the shoes on a non-profit basis, selling them at no more than the cost of materials and manufacture.
It is not known if the shoes will have the Adidas three-stripes label on them, or be sold under some other group brand. Runau said it had been suggested the shoes not be branded at all, but this was being studied. ‘We’re just at the beginning,’ he said.
The Adidas move matches that by other multinational companies eager to show social responsibility, such as drug companies offering low-cost medicines in poor nations or technology companies trying to develop the ‘$100-laptop’.
It is not known if the trainers will be unbranded or feature the Adidas three-stripes label.
Last year Adidas was criticised for the amount it allegedly paid workers at its Chinese factories.
Its move to produce the shoes in Bangladesh will create jobs for the country’s garment workers who are some of the poorest paid in the world.
Lifted from Cream