Amazon Scores Stephon Marbury Line
January 28, 2009
Point guard Stephon Marbury's career with the Knicks is in limbo and his first venture into the apparel business crashed along with Steve & Barry's bankruptcy, but he's still finding interested parties to carry his sneaker-and-clothing line. Amazon.com picked up the baller's business, opening his gear to a market as vast as 7 million people. Marbury first stepped into the retail world with affordable sneakers aimed at underprivileged kids. But when Steve & Barry's filed for Chapter 11, Marbury lost his main seller. Now he's not only rolling out sneakers, but clothing, DVDs, CDs, books, fragrances, and a line of apparel from rapper Bow Wow. He's already launched Starbury.com with plans for music and book downloads. "I'm a department store," Marbury told the New York Post. "Steve and Barry's is over, but I survived"
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“This is bigger than basketball,” he said. “This is a chance to create change in people’s lives.” Under the Amazon deal, Marbury will have a 12-person staff based in Durham, SC, and will pay 7% of revenue to Amazon for handling expenses. While the business remains online for now, Marbury is exploring the option of opening six stores in the future. “Being in Steve & Barry’s put me in 126 stores,” he said. “But now I have access to six million to seven million people a day who shop at Amazon.”
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