Sneaker industry veteran Matt Powell has proven himself to be an expert in the realm of sneakers and business as seen through his Forbes column dubbed Sneakernomics. In his address on the current state of the sneaker industry, Powell mentions to a steady annual growth as sneaker culture continues to influence more people. Powell also gives his two cents on what it means to be a sneakerhead, and how specific companies, such as Nike, have been so successful. Finally, Powell compares the brands of Lebron and Kobe’s to that of Michael Jordan’s, asserting that there will never be another Michael Jordan or Air Jordan brand. Enjoy the insightful clip above and head over here for Matt Powell’s Sneakernomics column on Forbes for periodic updates.