Footwear Insight

November / December 2018

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November/December 2018 ~ Footwear Insight • 39 BASKETBALL Retro Renegades Can fashion- forward styling and endorsers from the '90s breathe new life into basketball? By Bob McGee ONCE UPON A TIME IN THE NOT TOO-DISTANT PAST, EVERY ATHLETIC BRAND HAD A performance basketball shoe and marquee NBA player to endorse it and help sell it to young players. Dominque Wilkins hawked Brooks; Hakeem Olajuwon promoted Etonic; Clyde "The Glide" Drexler pitched Avia; and Shaquille O'Neal began his still-going-strong endorsement career wearing a signature shoe from Reebok. But recent seasons have proved troubling for the silhouette. Participation in the game has tumbled and young consumers have migrated to classic and sport lifestyle looks and away from pure performance basketball shoes, with the exception of some LeBron James models and a select few Air Jordans. Sales of performance basketball shoe sales fell mid-single digits in the third quarter and have trended negatively since back-to-school 2015, according to The NPD Group. And the market is overwhelmingly dominated by Nike and Brand Jordan, which together corner more than 90 percent of market share to the tune of $4.4 billion in revenues in Nike's most recent fiscal year. PHOTOS BY FRANK JAMES

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