One of the greatest licensing deals in the sneaker and apparel industry has gone south.
Say that five times fast. More bad news for embattled retailer Steve & Barry's. As if filing for bankruptcy wasn't enough, now they're getting fouled by Knicks point guard Stephon Marbury. Marbury is suing his broke buddies for millions in royalties from his hot-selling Starbury sneaker line. Marbury launched the sneaker line two years ago with a $15 price tag so poor kids could buy them. How nice! Now that S&B has tanked, Marbury is looking for his endorsement cash, claiming he's owed $2.2 million. No worries, though. Marbury is in talks with Amazon to sell the kicks.
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