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In 2015, Nike is the established sports superpower wholesale air jordans. Though Adidas offers healthy competition, it's nowhere near the Oregon-based company, whose name was perhaps appropriately taken from the Greek goddess of victory.
Even in basic terms (the Forbes 400), Nike has obviously been an enormous winner in the cheap wholesale air jordan shoes increasingly commercialized world of sports. Company founder Phil Knight has more money than any other sports figure on the list. With a total net worth of $24.4 billion, he's worth five times more than Robert Kraft.
With that in mind, the relationship that Nike has with former rival Converse is a very jordan wholesale believable one: Nike has owned Converse since a 2003 acquisition for $305 million. What's now simply a fascinating footnote to history is that only a few decades ago, the reality was almost reversed.
While Nike in current terms is a ubiquitous athletics company, the late '70s and early '80s offered a starkly different picture. In fact, it was once very conceivable that Converse could have eventually grown to buy Nike (instead of the opposite). For decades, the Massachusetts shoe company enjoyed a lion's share of the market in a sport that Nike has made its own. Yet in the course of only a few years, Converse's wholesale jordan shoes dominance in basketball gave way to the age of Nike.
An unrecognizable time
From the debut of the Original Chuck Taylor shoe model in 1917 until the '60s, Converse had a nearly exclusive period of dominance in the basketball shoe industry. Legends like Bill Russell and Wilt Chamberlain battled in historic NBA rivalries wholesale jordans wearing Converse. It was commonplace apparel.
Nike, meanwhile, dwelled mostly on the outside of the basketball market. The company, founded in 1964 as Blue Ribbon Sports (becoming Nike in 1971), was more fitness focused. It's first athlete sponsor was an eccentric tennis player and its first nationally-televised commercial was during the New York City Marathon. Knight, the company founder, was by nature more of a track and field enthusiast.
And Nike itself, having developed the "waffle technology" for runners, had grown its wholesale jordans shoes revenue significantly merely by cornering that particular side of the market. Converse, meanwhile, was still enjoying vast success in basketball. With Julius Erving (Dr. J) as its head athlete sponsor, no one was cooler than Converse in the '70s.