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TIME: Almanac 1993
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TIME Almanac 1993.iso
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061791
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0617206.000
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1992-08-28
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838b
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24 lines
BUSINESS, Page 53Business NotesWINDFALLSJust Sneaking Ashore
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.