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Of all the major sneaker brands only new balance has its own shoe factory.
How much does it cost to make a jordan shoe. How michael jordan will make 145 million. Air jordans are manufactured in china and reportedly cost nike a bit more than 16 a pair. The jordan brand is selling about 26 billion dollars of product and michael is paid about 100 million.
So to make the air jordan xxxi ship it and pay michael the total comes to about 4130. Nike has paid michael jordan an estimated 13 billion over nearly four decades but the jordan brand is easily worth more than 10 billion in addition to the billions of dollars in profits it. Sea freight and insurance.
This doesnt include the cost to make air jordans or the exorbitant amount of money sneaker heads will pay for them and. The air jordan 10s are listed on amazon for 250 to 550 a pair depending on the style and color. Factory fob cost.
Remember the shoe brand does not actually own the shoe factory. Maybe 463 per pair maybe more. Its said that the total cost to make an air jordan 1 sneaker is 1625.
Baby toddler baby girl baby boy all shoes all baby shoes all clothing baby box sets all shoes 0c 10c boys clothing 0m 4t girls clothing 0m 4t accessories equipment bags backpacks hats socks shop collection rep your city nike adventure club sandals slides surf swimwear jordan kids customize fan gear nike flyease. So what did the brand pay for that 7000 shoe. But on average it only costs the company about 30 to make those shoes.
Todays retail price for the air jordan 1 is around 125 140 so that leaves a profit margin around 10875 to 12375. I take around 25 cents to 7 dollars to make a jordan shoe and jordan brand resells it for 70 up to 180 kickspoolcn 50 up. Air jordan accessed june 23 2020.
Nikes average costs for a 100 shoe. The cost breakdown of a 100 pair of sneakers accessed june 23 2020. It costs 1075 for materials 243 for labor overhead is 210 and factory profit is at 097.
To keep it simple we can figure he gets 5 of the wholesale price. Okay what share does a shoe brand like nike get.
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