Did Nike Create the Greatest Running Shoe Ever?
With the global running shoe market valued at $13.16 billion last year, it's no surprise that many companies are constantly racing to find the latest and greatest innovation. To casual shoe wearers, a shoe might just be a shoe. But to runners, both professional and recreational, it's all about speed, comfort, and efficiency. Much as with any sport, people want the best equipment available at a price they can afford.
While running shoe technology is generally comparable, Nike (NYSE: NKE) may have made a big sprint to the front of the pack with its Nike Vaporfly series. Are these the greatest running shoes ever? And if so, could this mean continued success for Nike?
Let's break down the details investors and those looking to invest should be aware of.
Source Fool.com
