jordans

Jordan Brand Boosts Nike’s Earnings with Record Performance

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Michael Jordan Makes $10 Million Donation to Make-A-Wish Foundation to Celebrate His 60th Birthday

Nike posted its fourth-quarter earnings report on Thursday, revealing that Jordan Brand was the standout performer among its divisions. The company achieved a 6% sales increase to reach $7 billion in revenue. Profits for Jordan Brand have doubled since 2020, driven by a strategic focus on women’s gear, non-basketball items, and a surge in international sales.

Nike’s overall income for the full year was $51.4 billion, up from $51.2 billion the previous year, marking a 1% increase on a currency-neutral basis. Jordan Brand’s strong performance significantly boosted the company’s financial results.

The growth in Jordan Brand’s sales highlights the success of Nike’s efforts to diversify its product offerings and expand its market presence globally. As the brand continues to innovate and cater to a broader audience, it remains a key driver of Nike’s ongoing financial success.

You can read the full earnings report here.

The post Jordan Brand Boosts Nike’s Earnings with Record Performance first appeared on The Source.

The post Jordan Brand Boosts Nike’s Earnings with Record Performance appeared first on The Source.

Meek Mill Complained To A Sneaker Reseller About His Prices For Jordans And He’s Getting Clowned For It Online

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Meek Mill Wireless Festival 2021
Getty Image

The Got Sole sneaker convention went down in New York City this past weekend, and Meek Mill was on hand looking to score some new footwear. One of his pickups in particular drew some attention, but because of how the transaction went.

In a video, Meek is seen discussing a pair of “Pine Green” Nike SB x Air Jordan 4’s with a reseller (as Complex notes). Currently, pairs of the shoe are available for around $300 per pair on StockX, depending on the size, but the reseller priced theirs at $500. (While writing this post, though, the most recently sold pair on StockX went for $517.)

Meek took exception to the pricing, but ultimately bought the shoes. He said, “I could buy these at the store right now for $300. You want $500? That’s a bad move. I’m going to buy them from you, but that’s a bad sell. You’re supposed to give it to Meek Mill for the low, get the commercial: Boom, I might come back and buy more, you know? […] Now I’m going to go to the next table and I might spend $5,000.”

Some people didn’t love Meek bringing his celebrity status into the equation, and the whole ordeal made Meek one of the top trending topics on X (formerly Twitter) today (August 21). One user wrote, “Well he got the publicity and the sale at his price. I understand what Meek is saying but it’s also predatory. He’s trying to strong arm him for a lower price, when he can clearly afford the price that’s being offered. Plus the price is on par for what others are charging.”

Somebody else tweeted, “First off this isn’t schooling. Your price is your price. I bet if he go to LV they making him pay and there isn’t any discounts. And they gladly pay it. Ain’t nobody trying to get no weak free promotion at all. Stand your ground on your price. Either buy it or move on.”

Some folks took Meek’s side, though, like one person who wrote, “Hustling backwards… Should have gave Meek that pair and an additional one for the $500. Sure you take the loss upfront but now you’re locked in as Meek’s shoe plug and can supply him and his team with all the sneakers they will need.” Somebody else responded, “He got the $500 and i seen this video so free publicity [crying laughing emoji].”

Meek Mill is a Warner Music artist. Uproxx is an independent subsidiary of Warner Music Group.

Kendrick Lamar Roasted For Fake Jordans

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On June 15, it was revealed that the Instagram account @jojoruski was in fact Kendrick Lamar’s burner account. Since coming off private earlier this week, the account has accrued 498,000 followers. With the content currently limited to a variety of candid selfies, it appears to be a more casual and intimate way for Lamar to keep fans up to date with his life. It’s a big leap for the mostly-private rapper. Elsewhere, Lamar recently released his remix of Beyoncé’s “America’s Got A Problem” to mixed reviews.

In a post on June 16, Lamar showed off a birthday present to himself. “how im coming for my bday 🤫,” the rapper wrote in the caption alongside various pictures and videos of him flexing his new sneakers, a pair of red and black Jordans The shoes in question are a vivid red and black pair. Clicking through the post reveals Lamar taking his new shoes for a walk through a rainy New York. This indicates that the show purchase took place earlier in the week as he was performing in Tennessee on the 16th. Lamar turned 36 on the 17th. However, people are starting to take notice of his shoes as the images circulate online.

Fans Clown Lamar’s New Kicks

 

 
 
 
 
 
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A post shared by @jojoruski

At first glance, Lamar’s new shoes appear to be a pair of Air Jordans. However, a little research online and a closer look at the videos of the shoes show that they are in fact knockoffs. “They used to clown me in school for wearing these. They just wasn’t on the shit I was on,” music producer BYNX wrote in the comments of Lamar’s post. Another commenter joked that Lamar had purchased the “Deadpool 4s” while someone else referenced Shaq’s shoreline by saying that “My n-gga in the Santee Alley Shaq 12’s”. However, most devastating of all was likely the person who simply said “haha Kendrick wears size 8.”

Despite this, most of the comments were still getting used to the fact that the reclusive Kendrick was posting life updates on social media. “kendrick using emojis is like seeing your teacher outside of school,” says one commenter. “we love seeing you livin’ a regular life Mr. Lamar, before everybody thought you was in a cave writing poetry beside a campfire with tea,” adds another. “Wait so kendrick is a n*rmal human being that does n*rmal people stuff ⁉,” asked a third.

[via]

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