Michael Jordan retired from the NBA for the first time. He traded in the basketball court for the baseball diamond. Nike rereleased the Air Jordan 9 shoes to pay tribute

During his career in the NBA, Jordan made an impact on the basketball court, as one of the best players in the league. He also made an impact in pop culture with his signature shoes from Nike. The sports apparel company is set to reintroduce the Air Jordan 4 sneakers — originally released in 1989

At the beginning of March, a new iteration of the Air Jordan 4 dropped in a fresh Seafoam green colorway for women. Although the release didn't include men's sizes (much to their chagrin), it did include sizes for little kids and toddlers.

Retail chatter around Nike Inc (NKE) has shot up in recent days, ahead of the company’s quarterly report later this week which will give clues on an ongoing turnaround effort. User posts on Stocktwits about Nike have increased by 339% in the past week alone.

Earnings per share are estimated to decrease to $0.29 and gross margin is forecast to fall to 41.9% of sales. Nike ( NYSE: NKE) has been focusing on strategic initiatives, including increased marketing efforts targeting women and collaborations like the one with Kim Kardashian's SKIMS.