
Heads up!
Nike partially suspended DTLR’s (Down Town Locker Room) account. According to DTLR, they will not have access to “select release” products from Nike and Jordan Brand starting January 2014, but they mentioned they will continue to have access to other Nike and Jordan Brand product. DTLR did not release information regarding how long the suspension will be, but sources close to TSG said it could be for as long as six months. Sources also revealed the reason is due to the retailer selling shoes to third party accounts, which is a huge no-no as an authorized Nike, Inc. account. DTLR has yet to confirm that particular info, but that’s what was told to TSG by a DTLR employee.
Here’s the announcement DTLR posted via Facebook:
ATTENTION:: As mentioned in our press release on December 6th, we ended our IPO due to a business development. DTLR will NOT have access to SELECT RELEASE products from both NIKE and Brand Jordan for several months STARTING January 2014. We WILL continue to have access to other products in NIKE and Brand Jordan’s product line. Once we get through this period, we will have access to the release product. #DTLR
We will keep you updated regarding this situation.