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As of 2015, Nike is still the dominant brand in footwear with roughly 22.9 percent of the global market share. The companys top two competitors back in 1997 joined forces along the way but are still chasing Nike. Adidas bought Reebok for $3.8 billion in 2005, but Reeboks footwear business has really lost steam. Statista reports that Reeboks brand value has fallen roughly 33

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