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 than four times the other brands' combined value.

Shoe chart

(Skye Gould/Business Insider)

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.

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