By Stephen Pierce
Michael Jordan is the first player to dominate not just the basketball court but everything off the court as well, specifically with the Jordan Brand line with Nike. In 2017 alone Jordan Brand generated $3.1 billion in revenue in the 2017 fiscal year. MJ took home well over $100 Million of that. Jordan Brand will always be profitable but for how long?
Via Complex
Via Pintrest
Years passed
and they still had the same affect. Around 2012-2014 Jordan Brand continued to
drop absolute heat with the Jordan 4 “Toro Bravo” the Entire Doernbecher collection
and the “Fear” pack just to name a few and during that time period it seemed as
though they could do no wrong
But in 2015 things
completely changed. Not only did we see an absurd price increase to $190 from
Jordan brand but we saw the beginning of the new wave, the dad shoe. February
23 was the first release of the Yeezy line that would change the landscape of
sneakers for years to come.
In 2015 we
saw some iconic sneakers drop that came from Jordan brand such as the Jordan 1 “Shattered
Backboard” as well as the global release of the Jordan 10 “OVO”. Those two
sneakers are definitely fire and some of the best they released in the past
decade but everything else that year from Jordan were lackluster and a
lot of them sat or even hit Nike outlet stores.
Fast forward
to 2019 and things have not got much better. Since 2017 what they have been
doing is rereleasing popular retros with the Nike Air logo on the back such as
the Jordan 6 “Infrared” and the upcoming Jordan 4 “Breds”. Those sneakers have
and will do very well in sales but that makes up for very little of their
overall sales.
The Travis
Scott collaboration and the “OFF-White” Jordan 1s are keeping Jordan popular
with the younger generation and the “hype beasts” but outside of those they
have been missing with almost every release. Almost all the general releases
have sat and have not caused nearly any of the hype they once did.
Jordan
making a comeback to the days of old are very hard to see right now. The reason
for that is the new generations do not know impactful Michael Jordan was. Most
only know him as the person who they say is better than LeBron James and that
is far from the man he is.
What Jordan
brand needs to do is first and far most lower the prices. The prices are way to
high for the quality of sneaker we are receiving. They want to say it is for nostalgia
purposes but the majority of the drops are either new color ways with a dumb
story behind it or old retros that should have never came back such as the Jordan
18s.
Will a
comeback be impossible, I would say no. But they need to return to the time
when Jordans were exclusive and had buzz not this crap that they are doing now. Jordan brand needs to rebrand and get back on track on what made them so
great and so iconic.
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