Despite that frustration, it would be a mistake for investors to give up on a brand of Nike's stature over the long term. It should eventually return to growth. Jeremy Bowman has positions in Nike.

U.S. vs. China: The Tech Behind Nike and Anta Sneakers Nike’s LeBron 19 and Chinese sportswear giant Anta’s KT7 basketball shoes showcase the two brands’ flagship technologies.

Fast forward almost four decades and the Nike Air Tech Challenge II continues to sell out in most colorways. However, there is a chance for online shoppers to scoop up a pair at retail price.