Find in the news:
BY COUNTRY

Air Jordan brand earned Nike $19 Billion



Michael Jordan gets only 5% of revenues.
Air Jordan - unsplash

Nike has earned about $19 billion over the past five years thanks to the brand of Michael Jordan. The basketball player gets only 5% of revenues from the company from selling goods under the Air Jordan brand.

Jordan founded his own brand in partnership with Nike in 1984. The first contract was for five years and included a fixed fee of $500,000 per year. Nike also promised to let the basketball player create his own brand separate from the corporation's business.

Today, Air Jordan is among the most commercially successful brands at the intersection of sports and fashion. Nike initially expected a profit of $3 million in the first four years. In fact, the company earned about $130 million in the first year. Michael Jordan's brand today brings Nike $3 million every five hours.

Under his current contract, Jordan has earned $1.3 billion through his partnership with Nike, the sports giant's most expensive contract with the stars. Following in Jordan's footsteps is James LeBron -- his brand is now worth more than $1 billion, and his partnership with Nike continues to flourish.

More about shopping malls in the USA



YESTERDAY, USA:
The luxury brand has recently unveiled its latest retail venture.
Jul 12, 2024, India:
Crocs has entered into a strategic partnership with Apparel Group India.
Jul 11, 2024, USA:
Italian luxury brand Brioni has expanded its presence in Texas with the opening of a new store in Houston.
Jul 10, 2024, Canada:
Best Buy Canada is set to make a significant expansion into smaller communities across Canada.
Jul 9, 2024:
Forever21 initiated its exit from Colombia by shuttering its flagship store in Bogotá.
Jul 8, 2024:
Migiboy Tekstil secured over 90% of Naf Naf's workforce, retaining 100 directly-operated shops and 51 affiliates.
Friend
and Follow
Silesia City Centre GLA:699 654 SF
ADDRESS: Chorzowska 107
Poland . Katowice
Silesia City Centre
Mall of Scandinavia GLA:1 087 155 SF
ADDRESS: Evenemangsgatan 11 169 56 Solna
Sweden . Stockholm
Mall of Scandinavia
Queens Place GLA:440 000 SF
ADDRESS: 88-01 Queens Boulevard Elmhurst, NY 11373
USA . New York
Queens Place
Mall of Tripla GLA:914 932 SF
ADDRESS: Veturitie 13
Finland . Helsinki
Mall of Tripla


Edit text

Dear visitor!
If You wish to add appropriate information to this description, please make changes in the text below and they will take effect after being verified by Malls.com administrator.

SAVE CHANGES
ADD PHOTO

Dear visitor!
If you desire to add more photos to this description, please upload them and they will appear on the page after being verified by Malls.com administrator.

CHOOSE PHOTOS
SAVE CHANGES
Sign in Malls.com
Sign in please, if you already have an account

Registration



Error filling
Error filling
Error filling
Error filling
Thank you!
You will receive e-mail with registration data shortly. In email you'll find link, confirm your account by clicking on it, please.

Malls.com Team
Thank you for message!
In the near future you will be contacted the manager
for further details.

Malls.com Team
Good mall, bro!
In the near future you will be contacted the manager
for further details.

Malls.com Team
We are dissatisfied with you :-(
In the near future you will be contacted the manager
for further details.

Malls.com Team

Write to us