See how Nike dominates the shoe industry in one chart

Skechers just passed Adidas to become the second most-popular shoe company in America.

But while several brands jockey for second place, Nike continues to dominate. 

Between its Nike and Jordan brands, the company controls a shocking 62% of US brand share, more then four times the other brands’ combined value.

Shoe chart

Athletic apparel and footwear is set to outperform the industry for the next five years, according to a recent report by Morgan Stanley. 

That means that Nike, which leads the industry with $28 billion in annual sales, could see business boom.

SEE ALSO: 25 companies revolutionizing retail

Follow Us: On Facebook

Join the conversation about this story »

NOW WATCH: Someone figured out the purpose of the extra shoelace hole on your running shoes — and it will blow your mind




Source: BusinessInsider.com