- Apr 30, 2011
- 8,518
- 11,642
They’ve tried to make waves with numerous limited releases of 1’s in particular. Troohy room Chicagos, those $875 Wings pairs that pretty much dropped off the radar. Hell, even that first royals drop in 2013 was overly limited with a terrible release. Then the country wide outlet release of the banneds in 2011. There have been many others.We’re not that far off here in agreeing it’s a dumb move to limit these so badly. But to your point about Nike selling the most retros than they ever have last year - if that point is true, then why did their market share still drop by 2 percent?
Basically, Nike/Jordan Brand is trying to generate buzz on their retros again because of how important they are. If they start to lose that market via over saturation , then the shareholders will be upset.
Again, it’s a dumb move. They could have made 100K pairs of these and they still would have sold out within minutes. But it just seems like Nike is taking an overly cautious approach in protecting their cash cow, because non-retros are tanking.
I tend to think this release was planned to be exactly what it is well over a year ago. All of the OCD quality/innovation/stock garbage gets regurgitated and takes the lead in all of the thinking about why this release is what it is. Just Nike commemorating 40 years of the shoe and thinking it’s good to have a “grail” 1 hard to obtain while pushing a plethora of other retros the first quarter.
As for market share, a 2% drop in market share for JB doesn’t mean the brand’s sales have dropped. They haven’t. It just speaks to the larger market conditions and sneaker sales as a whole growing thanks to other brands stepping it up. No one was faulting Apple when the iPad dropped from 95% market share to 85% as a bunch of cheap Android tablets hit the market. That happened and simultaneously apple’s ipad revenue and profit was growing exponentially. They aren’t mutually exclusive.
JB is doing better than Nike or any other brand as far as sales and demand go. Compare JB alone last year to NB+OC+Hoka (3 brands helping expand the market) and JB is still ahead.