The business of Air Max
The Hustle Daily Show
00:00
Nike's Air Max Day
Air Max is definitely the multi-billion dollar business within Nike, but I also kind of feel like Jordan Brand has like a pretty significant stake in that full Nike brand body. So pretty interesting and incredible to see that those earnings were so high. Footlocker around 68% of their merchandise came from Nike in 2021. They're trying to reduce that, but still maintain a good relationship with Nike. And it's funny because I was just having a conversation about Footlocker,. I was reading in Fortune, they're closing down like 400 of their mall shops.
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