In 2021, the Jordan Brand accounted for 13.17% of Nike’s wholesale revenues. The revenue of the Jordan Brand increased by 31% in 2021 in comparison to 2020.
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Who sells more Nike or Jordan?
The Jordan brand still remains strong due to its staying power, something which Michael Jordan made famous. Nike Executives, in a conference call mentioned that Jordan sales rose 31% to $5 billion for the company’s completed fiscal year. The Jordan brand alone makes up for more than 11% of Nike’s overall business.
How many Jordans sold 2021?
Nike’s revenue worldwide from 2016 to 2021, by product category (in million U.S. dollars)
| Characteristic | Sportswear | Jordan Brand |
|---|---|---|
| 2021 | 15,053 | 4,711 |
| 2020 | 12,285 | 3,609 |
| 2019 | 12,442 | 3,138 |
| 2018 | 10,720 | 2,856 |
Is Jordan brand bigger than Nike?
Nike’s market cap of $136 billion is three times the size of Adidas. The Jordan Brand had revenue of $3.1 billion in the fiscal year ending May 2019—only 8% of company revenue—but likely represents a larger chunk of the market value because its 10% growth rate is faster than the company’s overall.
How much percentage does Jordan own of his shoes?
Thanks to his agreement with Nike, Jordan earns a five percent royalty on all of Nike’s gross sales. A little quick math shows Jordan has made $180 million in royalties over the past 12 months. Last year, Jordan made $157 million.
How much money has Nike made from the Jordan Brand?
The Jordan Brand just crossed $5 billion in annual revenue for the first time. That means Michael Jordan made $150M+ from Nike last year alone—or nearly 2x his career NBA earnings. The part you didn’t know?
Who sells more Jordan or Yeezy?
Winner: Jordan Brand
Here’s what’s not up for debate: Even if Kanye is crushing the resale market, Nike and Air Jordan are making and selling more total units. Jordan Brand is still king of the sneaker world.
What does Nike sell the most of?
footwear
Most of Nike’s sales are generated by selling footwear to wholesale customers in North America.
Does Michael Jordan still get money from Nike?
Accross some four decades, Jordan has earned $1.7 billion (pre-tax) off the court from brands such as Nike, Coca-Cola, McDonald’s, Wheaties, Chevrolet to name a few. At present Jordan still maintains official ties with Nike, Hanes, Gatorade, and Upper Deck.
Which is the most sold Jordan?
The Air Jordan Bred 11s are the top-selling Jordans on Ebay, according to North American sales data from 2004 to 2020.
How much does Michael Jordan own of Jordan?
Michael Jordan doesn’t own his brand, but he does get a cut of Nike’s revenue. This equates to about 5% royalty for every pair of Air Jordans sold, or roughly $10 to $15 per shoe.
How much does Michael Jordan make an hour?
roughly $34,246 an hour
7. In 2019, Jordan earned roughly $34,246 an hour, according to Business Insider calculations.
How much is Nike Jordan worth?
He’s also the richest former professional athlete in the world with a net worth of $1.6 billion.
How many pairs of Air Jordans are there?
To date, there have 26 different signature pairs of Air Jordan shoes to hit the market, with each one drawing more hype than the next. The shoes revolutionized athletic footwear, and we can only wait and see what’s next on the list.
How much stock does Michael Jordan own in Nike?
The Michael Jordan legacy and brand are intertwined
Nike had the bulk of the share at 62.6%, with Air Jordan worn by 9.4% of the league. A distant second went to adidas at just 15.8%.
Who owns Nike now?
Phil Knight
4 The co-founder of Nike, Phil Knight, and his son Travis Knight, along with the holding companies and trusts they control, own more than 97% of outstanding Class A shares. 5 This allows the Knight family to exercise effective control of Nike even though it is a publicly traded business.
How much does LeBron James make from Nike?
For nearly the last two decades, not only has LeBron James been the face of the league, he has also been the face of Nike. After signing his $90 million rookie deal, The King resigned with Nike and reportedly earned as much as $30 million annually.
Does Kanye West have more money than Michael Jordan?
If we take the $6.6 billion figure, the 43-year-old West is now richer than Vista Equity Partners founder Robert Smith, World Wide Technology’s David Steward, Oprah Winfrey and Michael Jordan and becomes the richest Black person in America.
Is Adidas more successful than Nike?
The biggest apparel brand in the world
U.S.-based Nike is the world’s leading brand in athletic footwear and apparel, and the world’s most valuable clothing brand in general. Nike has a higher global revenue than its main competitors, Adidas and Puma, put together.
Does Kanye West own Yeezy?
Under the partnership with Adidas, West retains 100% ownership of his brand while having full creative control over the products released.
What percent of shoe sales are Nike?
66%
In 2021, footwear accounted for 66 percent of Nike’s total revenues. That year, Nike had global footwear sales of 28.02 billion U.S. dollars.
Revenue share of Nike worldwide in 2021, by product category.
| Characteristic | Revenue share |
|---|---|
| Footwear | 66% |
| Apparel | 31% |
| Equipment | 3% |