How the Air Jordan made sneakers a billion dollar industry and became the shoe of a generation

  • 📰 nationalpost
  • ⏱ Reading Time:
  • 59 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 27%
  • Publisher: 80%

Business News News

Business Business Latest News,Business Business Headlines

If US$2,000 seems like an enormous sum for a pair of sneakers, you will hardly believe how much people are willing to pay for a pair of Air Jordan Diors

The sheer variety of styles — and the range of prices for the most-common and most-coveted styles — have made sneakers into nothing less than an expression of personal identity, at once a status symbol for the super-rich and an emblem of cool for those who aspire to be. Gone are the days when the affluent and fashionable would distinguish themselves with buffed Ferragamo loafers. If you

Michael Jordan attempts a dunk during the Slam Dunk Contest on Feb. 6, 1988 at the Chicago Stadium, Chicago, Illinois.To understand the ubiquity of sneakers, you have to understand one shoe: The Air Jordan I. In the early 1980s, Michael Jordan was an upstart basketball player from North Carolina who was attracting a great deal of attention in his early seasons with the Chicago Bulls, who had drafted him third in 1984 when he was just 23.

. Nike had the best year of its 22-year history in 1986, thanks largely to the success of the Air Jordan, and they endeavoured to prolong the good fortune the following year, by releasing the Italian made Air Jordan II.Article content continued There are simple re-releases, known as “retro” drops, in which a classic Jordan shoe returns to the market with new patterns and colours, known as “colourways.” These retro releases range in rarety and value; some, such as the Air Jordan Retro 1 in the familiar red, white and black “Chicago” colourway, can be found easily and cheaply. Like a lot of people, I picked up a pair after watching the Michael Jordan docuseries The Last Dance on Netflix earlier this year.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Slow news day?

Simple, exploit child slave labor and invest mostly in marketing. And voila.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 10. in BUSİNESS

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

As cruise industry struggles amid pandemic, here's what happens when ships retireHundreds of cruise ships usually traverse the world's waters, but right now -- with the cruise industry on an indefinite hold due to the coronavirus pandemic -- they're mostly laid up at sea with no passengers. Get rid of the whole industry Certain countries too cheap to provide for their own defense/defence could simply buy them at rock-bottom prices, paint them grey and reconfigure them as supply ships, troop carriers or hospital ships. Just a suggestion.
Source: CTVNews - 🏆 1. / 99 Read more »