Adidas to bring lower-cost Samba, other shoe models to market

Adidas is apparently looking to bring lower-cost shoe models to the market. Reuters reported Thursday the sportswear company indicated Samba and other shoes will become more affordably priced options in the $60 to$80 range. "It's important to understand that not everyone can afford to buy a shoe for $120 or$150, but everyone wants to take part in the same trends," CEO Bjorn Gulden told investors. GET FOX BUSINESS ON THE GO BY CLICKING HERE "What we do at the top, $100 and higher, we're bringing that down. ...