He also owns a large stake in discount clothes, shoes and textiles chain Pepkor, where he is executive chairman.
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The first in a long chain of shoes dropping as the crowd-funding dream slowly transforms into a nightmare?
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The chain sells the shoes at full price and, despite a weak economy and sustained high unemployment, often sells out of them on release days.
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He still runs retail chain Shoe Carnival, Inc. and the company that distributes Liz Claiborne shoes.
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Several staff members visited chain stores to check on the placement of the product and to see how the shoes were selling.
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