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'The golden years are not golden': Boomers are hoarding most of America's wealth and power because they're terrified of outliving their money

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'The golden years are not golden': Boomers are hoarding most of America's wealth and power because they're terrified of outliving their money

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Female athletes are helping Nike’s $7 billion Jordan brand reach consumers who have never seen Michael Jordan play

Emma Hinchliffe
By
Emma Hinchliffe
Emma Hinchliffe
Most Powerful Women Editor
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Emma Hinchliffe
By
Emma Hinchliffe
Emma Hinchliffe
Most Powerful Women Editor
Down Arrow Button Icon
December 17, 2025, 1:08 PM ET
Sarah Mensah leads Nike's Jordan brand, a more than $7 billion business.
Sarah Mensah leads Nike's Jordan brand, a more than $7 billion business. Bloomberg

Within Nike, the Jordan brand has always come with a significant opportunity—and challenge. The more than $7 billion business is the “blueprint” of what it means to be an athlete-centered brand, says brand president Sarah Mensah (so much so that its origin with Michael Jordan was dramatized in the film Air).

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But for some athletes, the Jordan legacy has come with too much pressure. “In the men’s game, we tend to compare every athlete: are they another MJ?” Mensah says. “That can kind of get in your head.”

That’s one reason Mensah is excited about the potential for female athletes and the Jordan brand, as well as its women’s business. “You don’t have that same sort of comparison with female athletes,” Mensah says. WNBA star Napheesa Collier moved from an overall Nike deal to the Jordan brand earlier this year, citing the investment the brand was making in the women’s game as a reason for the switch. Last year, the Jordan brand debuted the Jordan Heir series, which was designed for WNBA stars. It was the first line of product from the brand “specifically for female hoopers,” Mensah says.

Beyond comparisons with a basketball legend, Mensah thinks female athletes inherently understand the DNA of the Jordan brand, which comes down to “greatness” on the court and off. “They’re defining the game in their own terms, and they’re overcoming adversity,” she says. “They’re overcoming perceptions. And there’s something about that. There’s something about charting a new course, going in a new direction, redefining the game.” These themes are among the top reasons female athletes resonate so strongly with consumers, making them the most effective influencers compared to male athletes or general lifestyle influencers.

Nike is now a year into a turnaround under new CEO Elliott Hill, who aims to return Nike to its roots in sports. While Nike was struggling in recent years, the Jordan brand had been an exception—but this year saw sales fall. Hill has said he believes in the Jordan brand as a pillar of Nike’s return to dominance in sportswear.

There’s a new generation of consumers, however, who have never seen Michael Jordan play basketball and associate the brand only with its Jumpman logo. For Mensah, who has been with Nike for more than a decade and took over the Jordan brand in 2023, female athletes are an essential tool to communicate the original message of “greatness” to a new generation.

“That’s always been the distinction for this brand. It’s never just been about sport, it’s never just been about being an athlete,” Mensah says, “but the body of the athlete, the mind of the athlete, the spirit of the athlete, what the athlete does on the court, the greatness that’s displayed there, and the greatness that they bring to the rest of their world.”

Emma Hinchliffe
emma.hinchliffe@fortune.com

The Most Powerful Women Daily newsletter is Fortune’s daily briefing for and about the women leading the business world. Subscribe here.

ALSO IN THE HEADLINES

OpenAI is under a 'code red.' It's an alert of "rough vibes" and economic headwinds as the AI leader faces increased competition, especially in enterprise. CEO of Applications Fidji Simo says it's a "signal to the company that we want to marshal resources in one particular area, and that’s a way to really define priorities and define things that can be deprioritized." Fortune

Weight Watchers revamps for the GLP-1 era. Under CEO Tara Comonte, the company's name is two words again. Its new pitch is that anyone can get you a GLP-1, but Weight Watchers can keep you healthy and on track through the process. Fast Company

Inside Nancy Mace's run for governor. In South Carolina, the congresswoman is running as an outsider, reportedly with few allies among her fellow GOP politicians. WSJ

Two Palantir alums just raised $20 million for patent filing. My colleague Jeremy Kahn has the exclusive on Ankar, a London-based startup that's trying to use AI to transform the process for filing and managing patents. It's founded by Tamar Gomez and Wiem Gharbi. Fortune

ON MY RADAR

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PARTING WORDS

"It was jumping out of an airplane for me creatively, emotionally, and it did give me confidence."

— Jamie Lee Curtis on her role in The Bear and this era of her career

This is the web version of MPW Daily, a daily newsletter for and about the world’s most powerful women. Sign up to get it delivered free to your inbox.
About the Author
Emma Hinchliffe
By Emma HinchliffeMost Powerful Women Editor
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Emma Hinchliffe is Fortune’s Most Powerful Women editor, overseeing editorial for the longstanding franchise. As a senior writer at Fortune, Emma has covered women in business and gender-lens news across business, politics, and culture. She is the lead author of the Most Powerful Women Daily newsletter (formerly the Broadsheet), Fortune’s daily missive for and about the women leading the business world.

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