Dwyane Wade and Li-Ning Officially Announce the WADE Brand
Growing up in Chicago, Dwyane Wade idolized Michael Jordan, so it was a great honor for him to follow in his hero’s footsteps and represent the Jumpman for Jordan Brand. That partnership has ended and a new one has been formed, this time with Dwyane pulling another move out of MJ’s playbook, albeit for a different team now. It has already been reported that Wade will be joining Li-Ning, but the plot thickens a bit, as it looks like there will be a little more to the story. Like Mike branched out on his own with his own signature brand, Dwyane will be partnering with Li-Ning to launch WADE Brand, a division still operating under Li-Ning, but centered around all things D-Wade. The “Way of Wade” will be his first signature shoe as seen below and in previous posts, and will be followed by additional models, apparel and even gear for kids. Read more about today’s big announcement after the jump and stick with us for more on this intriguing new endeavor.
BEIJING AND NEW YORK – October 10, 2012 – China’s leading sportswear company, LI-NING Company, and NBA All-Star Dwyane Wade, today announced the creation of a new athletic footwear and apparel brand called WADE, which will serve as the centerpiece of the corporation’s growing international basketball strategy, and be shaped by an unprecedented level of creative and strategic direction from the two-time NBA Champion.
Mr. Li Ning and Wade announced the multi-year partnership at a press conference earlier today in Beijing. Elements will include a signature line of adult apparel and footwear, available soon at LI-NING retail stores and online throughout China, and set to debut in the United States in 2013. Financial terms of the deal were not disclosed.
The unique partnership will seek to connect Wade’s renowned methods of style, training, and personal growth with LI-NING’s values of dream, inspiration and enterprise. It will draw upon the similar business and athletic philosophies upheld by Wade and Mr. Li Ning, a three-time Olympic Gold Medalist in Gymnastics in 1984, and the final torchbearer, who lit the 2008 Beijing Olympic Games cauldron in one of the most memorable moments ever during an Olympic Opening Ceremony.
“I am so proud to welcome Dwyane Wade to the LI-NING family,” said Li Ning, Founder of LI-NING Company. “Dwyane is a superstar for his athletic achievements, and also for the way he carries himself on and off the NBA court. I have come to understand what motivates him, what he cares about, and the personal and professional path he wants to take in the coming years. There are remarkable similarities between Dwyane and myself in this regard, and I could not be more excited about developing a brand with him that speaks to those shared views. At the same time, the WADE brand will deliver the high quality and performance characteristics consumers have come to expect of our Company.”
Wade will serve in an official capacity as Chief Brand Officer, and be responsible for guiding the creative direction of all WADE products. He will work with LI-NING’s WADE leadership team to spearhead the global marketing strategies and initiatives aimed to build brand awareness in the United States and China. Wade will provide significant input and approval license of all future endorsers for the WADE brand, and be instrumental in selecting the athletes he feels best embody the presence, perspective and personality of the brand.
“I first visited China in 2008, when I competed in the Beijing Olympics, and was deeply moved by the country’s genuine passion for basketball,” said Wade. “I have been blessed with an opportunity to make an impact on the game in the United States, and I look forward to now being active with the sport on a more global level. I am honored to join forces with LI-NING and grow the game, beginning in China, which is home to more basketball players – 200 million – than any other country in the world.”
Prior to the official launch of his signature shoe, Wade will wear two specially-created, high performance LI-NING-branded basketball sneakers during upcoming Miami HEAT games, including two pre-season games to be played later this week in Beijing and Shanghai against the Los Angeles Clippers. Shoes from the first two preseason games will be held for auction in China.
The Company also has plans to launch a WADE kids footwear and apparel line in the future.
The natural pairing of philosophies will be told through a comprehensive marketing campaign of upcoming TV spots and other extensions.
The agreement with LI-NING Company was brokered by CAA Sports, a division of Creative Artists Agency (CAA), the world’s leading entertainment and sports agency, on behalf of its client, Wade.
For more information about Li-Ning, please visit li-ning.com.
Why are yall going crazy over these ? I like both pairs and can't wait to see even more colorways and watch how most of yall hating these in a month will be praising these shoes
Atleast li-ning used leather on these, so much of the sneaker industry is going towards synthetics, which just aren't as sexy as the leather kicks of yesteryear.
money over loyalty but again, we live in capitalism. I never bout an adidas product due to NIKE, but if a multi million dollar contract was given to me, many of us would highly consider. Good for him but like mentioned before, clearance rack.
these really aren't bad. I like what they did with the laces making it shaped like a 'w'. Better than the fly wades IMO. Besides, who ever wore fly wades as casual shoes. These shoes are supposed to be designed to ball in and, unlike JB, Li-Ning actually made a shoe thats practical to ball in.
The more I see these in different angles and colors, the more I don't like them. I actually thought they looked alright at first. They might sell in China, but they won't here.
The black pair seems pretty nice but the white pair looks like it should be a GS only release. The triangle is to present in the white/red pair.