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- <text id=91TT1325>
- <title>
- June 17, 1991: Business Notes:Windfalls
- </title>
- <history>
- TIME--The Weekly Newsmagazine--1991
- June 17, 1991 The Gift Of Life
- </history>
- <article>
- <source>Time Magazine</source>
- <hdr>
- BUSINESS, Page 53
- Business Notes
- WINDFALLS
- Just Sneaking Ashore
- </hdr><body>
- <p> A shoe washing up onshore is usually a bad omen, but
- beachcombers from Oregon to Canada haven't been seeing it that
- way. During the past several weeks, they have been reaping an
- unusual windfall: thousands of new Nike athletic shoes. The
- sea-soaked but still footworthy shoes had been missing for
- almost a year, ever since a ferocious storm washed an estimated
- 40,000 pairs off the deck of a containership bound from South
- Korea to Seattle. Nike, based in Beaverton, Ore., is bemusedly
- taking a position of finders keepers. Some seashore scavengers
- have collected dozens of shoes and are planning a swap meet
- later this month to assemble matched pairs.
- </p>
-
- </body></article>
- </text>
-
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