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The startup company was founded by Dan Gilbert, Josh Luber, [7] Greg Schwartz, and Chris Kaufman in 2015, [8] and launched in February 2016. [9] [10] Luber had previously founded StockX's predecessor website about rare sneakers called Campless (established during 2012–2013), [11] [12] a site which was featured in Josh Luber's TED Talk on the sneaker market. [13]
Air Jordan is a line of sportswear shoes produced by Nike, Inc. Related apparel and accessories are marketed under Jordan Brand. The first Air Jordan shoe was produced for basketball player Michael Jordan during his time with the Chicago Bulls on November 17, 1984, and released to the public on April 1, 1985.
StockX was jointly founded by Dan Gilbert, Greg Schwartz, Josh Luber and Chris Kaufman in 2015, with an emphasis on the sneaker resale market. [ 8 ] [ 9 ] Until mid-2019, Luber was the CEO of StockX. However, he stepped down from that role upon raising a Series C , $110 million round of venture capital funding at a $1 Billion valuation for the ...
The shoes get their name from the documentary miniseries The Last Dance, which focuses chiefly on Jordan and the 1997–98 NBA season. The shoes were sold by Truman in 2020 for US$215,000. The shoes were later auctioned by the buyer in April 2023 for US$2.238 million, which was the highest sale price ever realized for any shoes.
The shoes were reviewed by many, and were claimed to be the "Collaboration of the decade". [4] The shoes have been resold for higher amounts than the original prices, with the Air Jordan 1 being sold for more than ten times the original price. Shoe resellers became banned and denied service from shoe stores over possible reselling of shoes. [19]
In 1997, Air Jordan selected the first Jordan Brand sponsored schools: Cincinnati Bearcats, St. John's Red Storm, and North Carolina A&T Aggies [12] North Carolina Tar Heels basketball team started wearing the Jumpman logo in 1998. [13] The Michigan Wolverines announced in July 2015 that it would switch from sponsorship by Adidas to Nike. The ...
The Jordan EJ12 was the car with which the Jordan team competed in the 2002 Formula One World Championship. The car was driven by Italian Giancarlo Fisichella , who returned to the team after four seasons at Benetton , and Japanese debutant Takuma Sato .
Due to the Vectran fibers, shoes containing Nike Flywire weigh as little as 93 grams, "approximately the weight of a Snickers bar with a bite missing." [5] There is little excess weight because the upper is very thin, and the Vectran fibers are only added where support is needed. Shoe weight can be reduced up to 50% through the use of Flywire. [3]
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