How one conversation stopped Nike from shutting down the Jordan brand

14 Apr 2026 · 1 min
0:41

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.

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