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(NKE) By Dan Moskowitz | October 28, 2016 5:09 PM EDT NIKE, Inc. ( NKE ) is the most popular footwear brand in the world, but Nike is often frowned upon within the running community due to a lack of durability. However, Nike is such a powerful brand that it still holds some sway with runners, including joggers, half-marathoners, and full-marathoners. Its important not to overlook this market. According to the National Sporting Goods Association, consumers spent $3.2 billion on running shoes last year, which is a 40% increased since 2010. This coincides with the rise of the health-conscious consumer. Those who eat healthy are usually people who exercise. Nike might be the most popular footwear brand in the world, but Adidas is currently viewed as in for everyday wear, and Under Armour, Inc. ( UA ) is making strides in basketball, betting big on Steph Curry of the Golden State Warriors with the Curry 3. Under Armours marketing campaign for the shoe includes a commercial titled, Make That Old, which relates to Curry making last seasons NBA Championship loss old news.
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