How one conversation stopped Nike from shutting down the Jordan brand

In this concise narrated piece, Dan Novaes recounts how Nike almost discontinued the Jordan brand after Michael Jordan retired in 1993, a move that would have cost billions. Phil Knight and other executives believed the brand’s sales hinged on Jordan’s active playing career. Howard White, a Nike executive, challenged this view, arguing that Jordan was a cultural brand, not just an athlete. He introduced a strategy centered on treating the shoes as symbols—leveraging re‑releases, scarcity, and nostalgia—to embed the product in culture. This pivot transformed the Jordan line into a multibillion‑dollar asset. Novaes concludes with an entrepreneurial lesson: businesses built on fleeting moments will die when the moment ends, whereas those that create enduring symbols can sustain perpetual growth. He invites viewers to follow UBK for more stories.











