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Nike Dunk, Once the World’s Hottest Sneaker, Is Fading Away

Sales of the Nike Dunk are expected to drop 70 percent over two years as new CEO Elliott Hill scales classic sneakers back to make way for new designs. He seeks to remedy Nike’s inventory problem by renewing its longtime strategy of maintaining enough supply scarcity to boost popularity among consumers.
A Nike swoosh on a store front.
Hill is steering Nike back toward performance shoes used in sports and training, and has vowed to reduce the size of three lifestyle sneaker lines Air Force 1s, Air Jordan 1s and Dunks, whose demand has waned. (Shutterstock)

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